/SI silver reversed off the backtest of triple support: The intersecting uptrend line, downtrend line, & 17.736 price support. This opens the door for a contiunued move up to the next price target of 18.414, although it is worth noting that the US Dollar is at support (see below).
SI 60m June 23rd
/GC gold is starting to move higher following several successful back-tests of the 1756.50 support level yesterday & earlier today as it approaches the top of the multi-month trading range, a key technical level.
GC 60m June 23rd
/DX ($USD) has fallen to the 96.411 target/support where the odds for a reaction are elevated. The next objective short entries would come on either a kickback to the 97ish resistance level/former target and/or a solid break below 96.400. With the Dollar at support, any significant bounce off this level could provide a near-term headwind for the gold & silver longs while a solid break & continuation of the near-term downtrend should continue to provide a tailwind for the metals.
DX 60m June 23rd