Sunday, September 8, 2013

Monex Precious Metals Review: Gold resistance 1394, 1415, Silver $24.07, 24.85


Silver support is now anticipated at $23.55, then $23.12, and then $22.69 . . . and resistance anticipated at $24.07, then $24.85, and then $25.85.

CALIFORNIA: Monex spot gold prices opened the week at $1,390 . . . traded as high as $1,412 on Tuesday and as low as $1,366 on Thursday . . . and the Monex AM settlement price on Friday was $1,387, down $3 for the week.  Gold support is now anticipated at $1,380, then $1,359, and then $1,334 . . . with resistance anticipated at $1,394, then $1,415, and then $1,455.

Silver: Monex spot silver prices opened the week at $24.13 . . . traded as high as $24.50 on Tuesday and as low as $23.05 on Thursday . . . and the Monex AM settlement price on Friday was $23.85, down $.28 for the week.  Silver support is now anticipated at $23.55, then $23.12, and then $22.69 . . . and resistance anticipated at $24.07, then $24.85, and then $25.85.

Platinum: Monex spot platinum prices opened the week at $1,525 . . . traded as high as $1,539 on Tuesday and as low as $1,475 on Thursday . . . and the Monex AM settlement price on Friday was $1,495, down $30 for the week.  Platinum support is now anticipated at $1,489, then $1,458, and then $1,430 . . . and resistance anticipated at $1,504, then $1,523, and then $1,548.

Palladium: Monex spot palladium prices opened the week at $724 . . . traded as high as $727 on Tuesday and as low as $686 on Thursday . . . and the Monex AM settlement price on Friday was $696, down $28 for the week.  Palladium support is now anticipated at $691, then $674, and then $665 . . . and resistance anticipated at $702, then $715, and then $738.


courtesy of bullionstreet

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