Silver
The metal has found a very solid support around 17.80 zones that helped it to incline, forming a bullish candlestick formation as seen on the provided daily chart. Now, further bullishness could be seen during this week to resume the CD leg of the proposed harmonic AB=CD pattern but not before covering the gap at 18.20-18.25 zones.Recommendation Based on the charts and explanations above our opinion is, buying silver from 18.25 targeting 18.90 and stop loss below 17.70 might be appropriate.
Gold
Carried above SMA 50-currently valued at 1125.00-, gold inclined forming a bullish candlestick structure as seen on the provided daily chart. Stochastic turned higher, supporting the technical idea that the CD leg of the harmonic pattern is still in progress. Thus; possible bullishness could be seen during this week. A stable move above 1162.00 is needed to confirm the scenario.Recommendation Based on the charts and explanations above our opinion is, buying gold with a breakout above 1162.00 targeting 1187.00 and stop loss below 1139.00 might be appropriate
