Saturday Gold & Silver Analysis - Feb 17th, 2018
The strategies discussed below are suitable for swing traders.

This is a continuation of my last post here:
saturday-gold-and-silver-analysis-2018-02-10

Points to take

Nothing much to add here:

• Gold is trying to break $1,350. If it breaks above, the next resistance would be $1,435
• Since it's been only one week, and we are looking at the weekly chart, that means we only have an additional of one candle. Again, no particular movements that need our attention. Still, if Silver is breaking solidly above the triangle then Silver could be in a start of a bull move.
• One interesting thing about Gold and Silver is their price comparison. Last year it's around 65:1 currently it's around 80:1. Which means while Gold is moving up, Silver is not following.
  
  Gold - Feb 17th, 2018
  
  Silver weekly - Feb 17th, 2018

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