Can't recover

Gold can't recover at the moment. Monthly stochastics still falling.

Correction finished?

Monthly MACD trying to recover. Monthly stochastics pointing up. Correction might be over folks.

Metals plunging

Daily stochastics crossed and pointing down. Still long way to go to become oversold area. Next stop 1450?

Gold can't beat 1620

Failed second time. Another leg down is coming looks like. 

Bulls hanging well

So price fall wasn't dramatic. Which shows strength of the bulls. Weekly MACD flattens. Weekly slow stochastics about to point up. It means next week metals will penetrate 1600 hurdle and rise further. 

Metals can't recover

Gold and silver slow stochastics so damn oversold. But in reality it can't really recover now. On daily chart bollinger bands are narrowing. Usually it's indication of breakout. This time it's most likely downside breakout AGAIN. Daily slow stochastics also falling. Maybe my predicted 27.50 area? 

Daily MACD trying to make bullish cross

My wish

Daily slow stochastics crossed and pointing down

More downside movement will occur today.

Weekly silver showing lack of strength

Small body, huge tail above.

How gold monthly looked during late 2011

Can't break above falling trendline

It's still struggling.

Silver downstair

Silver correction finished?

Not yet.

Weekly silver

Weekly MACD is below zero level. Weekly slow stochastics will travel further downside. It has long way to go to become oversold. My silver target remains 27.50 at least. Also monthly MACD and Slow stochastics still falling.

Gold chart looks fucking doomed

Just no sign of recovery. Monthly , weekly , daily stochastics all down. 

Gold wants to break UP

Weekly stochastic

Weekly stochastic still pointing up. Which is indication of strong uptrend is awaiting us. 

Daily stochastic pointing up

Looks like upward movement resuming. As long as weekly stochastic points up our tiny little bull is safe.

50 level holding

Looks like silver bottomed at 50 level.

Silver fall

Weekly stochastic RSI is trying to make bearish cross.

Strong silver

Weekly stochastics pointing up for silver

Silver reversal?

Also this Friday candle might be sign of the price reversal. You can see that it has a very long tail and really small body. It means buying power is strong and price quickly came back to previous position. If buying power was weak it could have stayed around 29.60 area. But silver's takedown defense once again strong and jumped right back up. 

Gold

Gold hit 38 retracement level and falling. Daily stochastics pointing down.