SPOT GOLD closed higher on Tuesday and the midrange close sets the stage for a steady opening on Wednesday. Stochastics and the RSI remain neutral to bullish signalling that sideways to higher prices are possible nearterm. If it extends the rally off December's low, the 62% retracement level of the SeptemberDecember decline crossing is the next upside target.
SPOT SILVER closed lower on Tuesday as it consolidated some of the rally off December's low. The lowrange close set the stage for a steady to lower opening on Wednesday. Stochastics and the RSI remain neutral to bullish signalling that sideways to higher prices are possible nearterm. If it extends the rally off December's low, the 87% retracement level of the NovemberDecember decline crossing is the next upside target.
http://www.ytwhw.com/2012/0201/Industrial-investment-in-the-UK-financial-market-commentary-February-1-2012.html
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