
Silver moving in the opposite direction as we plunge to 2274 after last week's double top sell signal.
WTI Crude April tests the upper end of the 2 month range at 8260/8300 & remains very clearly in a 6 month sideways trend

Update daily by 05:00 GMT.
Today's Analysis.
Gold longs make up to 15 points profit yesterday as we head for 1935 target & look for 1939 before the end of the week. Further gains are certainly possible towards 1946/49.
We should have good support at 1915/10 today. Longs need stops below 1905.
Silver over ran strong support at 2310/00 by 26 ticks before a rebound to 2348. Strong resistance at 2380/2400. Shorts need stops above 2420.

Silver bulls obviously need a break above the 2455 double top high for a buy signal & a chance to catch up with the gold rally.
Just be aware that a close below 2290 on any day this week is a sell signal targeting 2255 & strong support at 2220/00.
WTI Crude February choppy & erratic with no clear trend after failed bullish breakout. I must wait for a signal or a breakout. First resistance at the upper end of the 2 month range at 8260/8300. A break above 8320 can target 8420/30 & 8470/90.
First support at 8060/40 for a potential 100-150 ticks scalp but longs need stops below 8000. Next downside target & support at 7930/00. Longs need stops below 7860.