Gold prices moved Lower in the previous session. The prices are now see holding near the support of 14350 levels, breaching this support prices can fall lower to 14250 and 14150 levels. The bias remains on the negative for Gold as the RSI with MACD is seen moving down. The ADX and –DI indicate a strong downtrend in Gold. Thus one can sell gold on Rise.

Silver Prices have finally given a break down yesterday below the support levels of 23150 levels, which it was taking support for the entire previous week. The RSI and MACD also have given a break-down on downside. Thus the trend in Silver have seems to reverse in the short-term.