Gold and Silver Market Update May 10th 2019
Silver bound to drop to 13.00 Euro/oz and will then start to go Up
Gold may bottom around $1,200 to $1,250 per Oz
Gold and Silver are in the bottoming phase along with seasonal patterns. The bottom is not in, but may be nearer than we think. The downside potential with gold within the falling bullish wedge is in the area of $1,200 to $1,250 per Oz.
Later in autumn and winter, we might see gold breaking out from the ascending triangle shown in the weekly chart.
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