GOLD and SILVER Prepare for big bearish

Gold perform channel down since september, and this pattern still not break yet.
we also have fibonacci resistance as bullish confirmation point at 1489. If this level break up, bullish continue to reach 1514.
But if 1489 cannot break up, bearish will perform with 4 target :
1470 at rising wedge support
1450 at november low
1418 at channel down support and
1384 at July low

SILVER
If we look at silver analysis,

Silver almost reach resistance at 17.49
if silver continue to bearish to reach support at 16.21, gold will down too, coz corelation gold and silver are more than 80%

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Komentarz:

analysis close, bullish target reach

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