Gold and silver: time to get rid of emotions
Gold and silver decrease as the site returned interest in risk. Now the market will move as follows: gold quotes will play the initial response after the news about the local reduction in geopolitical risks associated with the relationship between Russia and the West, and then return to the previous direction.
This means that the area of $ 1865 in gold remains a certain signal line: when the price is consolidated under it, the road opens to reduce to $ 1845. Here focused Many shopping interest. If the market is able to push off from $ 1865, the goal will remain $ 1905.
Conceptually nothing changes: Gold as it was and remains hedge from inflation. Silver has a chance to roll back to $ 23.00-23.10, where the new wave of increasing can begin with a target for $ 24.