Gold XAUUSD broke yesterday below 2K! RSI closed back below 40 threshold confirming the bearish picture that is likely to take Gold lower. Currently trading around the 100 DMA there is no strong support until at around 1,974. And 1,931. To demolish this bearish scenario a close above 2,045 is needed. {chart} Silver XAGUSD bounce didn’t last long before sellers took back control. The precious metal is close to testing the key support at around 21.90. All indicators pointing to lower Silver prices; RSI showing negative sentiment and Silver is trading below all Daily Moving Averages A break below 21.90 could further ... (full story)