Gold will test the 50 MA which is also $ 1250.00 for the first time since late November. The short term trend line has broken to the upside. The longer term trend line would be another test if the price continued upwards. Price range $1300.00 100 MA.
Silver has followed the 18 day MA recently which could be a good indicator of solid support. It will also test the 50 MA after a similar time period when it was way oversold and then moved back up to the $ 24.00 range. $21.50 would be a test line on further up.
With AGQ I see a reversal of negative MF ( money flow ) to possibly positive. It`s been 3 1/2 months of negative flow so it wouldn`t surprise me if it moves into the positive range.
Sunday night trading could give us more insight into the price movements whether resistance keeps a grip or relents to the upside then becoming the suppot line.
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