NFTRH; Silver and Gold Futures Chart Status (med. priority)

Silver is poking through the 1st support level. The next level is at 14.50, which has gained a better chance of being hit due to the incomplete CoT trend.


Gold is in a similar boat, but with a worse CoT situation and an as yet not as bearish technical situation. Gold is at the neckline of the bearish pattern. Of course it is not an actual bearish pattern unless the neckline breaks. Best targets should it break continue to be the SMA 200 (1253) and lateral support (1240).