Gold: The counter is strong with close above all averages, but prices were seen resisting the 15020 levels for the third time. The RSI have moved above the MA, while the ADX is seen in a formation of uptrend. Thus one can remain long in Gold above 14900, targeting 15150-200 in near term.

Silver: The counter is carrying mixed trend in the short run. The prices went lower till 22511 but closed higher at 22898, which indicate that prices still maintain above the 22800 levels in closing. The RSI neutral at 50 levels, while +DI and –DI have come to a same levels. Thus one can wait and watch for a clear trend. Breaching 22800 can take prices lower to 22500 levels again.