Monday’s Analytical Charts for Gold, Silver and Platinum and Palladium

Summary: Technical charts for gold, silver, platinum and palladium from Jim Wyckoff and Kitco provide some perspective on support levels and other key indicators. For gold, the bears still have a near-term advantage, but the metal is well off its lows from last week. Solid support is now at $1400. Silver hasn’t recovered quite as much as down “trendlines” are still in place, but according to Wyckoff, it still has solid support at $22. Read more….

Courtesy of Kitco and Jim Wyckoff

Courtesy of Kitco and Jim Wyckoff

Courtesy of Kitco and Jim Wyckoff

Courtesy of Kitco and Jim Wyckoff