Silver also has breached the neckline of the double top formation and succeeded in breaching the uptrend line of the movements from 14.60 to 17.60. Therefore more negative actions might be witnessed over intraday basis under the negative pressure of SMA 50 and bearish signs on indicators.
Recommendation Based on the charts and explanations above our opinion is, selling silver from 16.65 targeting 16.00 and stop loss above 17.15 might be appropriate.

Gold has closed successfully below the neckline of our caught head and shoulders top pattern, offering the possibility for achieving additional bearishness over intraday and short term basis. Bears powers are increasing gradually, supporting this negative classical overview.
Recommendation Based on the charts and explanations above our opinion is, selling gold from 1090.00 targeting 1066.00 and stop loss above 1109.00 might be appropriate.