So far, /GC (gold futures) has successfully held the 1783 support, still offering an objective entry or re-entry as would another thrust down to the next support(s) if with positive divergences building between price & the momentum indicators below. 120-minute chart:
GC 120m Nov 29th
Likewise, /SI silver offers an objective entry or re-entry following the recent divergent high & sell signal, here at the 23ish support and/or on one more thrust down towards the 22ish support level, especially if the bullish divergences remain intact. 120-minute chart below.
SI 120m Nov 29th
While I was still away on vacation last Friday, we had an impulsive breakout in /E7 Euro which indicates more upside is likely in the coming weeks. As the precious metals & the Euro have a fairly tight positive correlation, a rally in the Euro should help to provide a tailwind for gold & silver. 60-minute chart below.
E7 60m Nov 29th