Technical Reviews for Gold, Silver and Bitcoin (August, 2017)

Here’s the market outlook for this month: Content courtesy of Tallinex Limited https://www.tallinex.com‌

GOLD (XAUUSD)

Dominant bias: Bullish

Price went up in July (recovering some of the losses sustained in June) to reach a high of 1270.63 and result in a bullish bias that is likely to continue this month. Gold may target the resistance levels at 1270.00, 1275.00 and 1280.00 – possibly higher.

SILVER (XAGUSD)

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