GOLD, SILVER: Bull OR Bear 19-Jan-2020

Gold:

CMP:  1557.x; Res: 1561; Sup: 1547.
As long as 1547 supports, we can see 1570-75. As of now buyers strict SL 1547.

Silver:

CMP: 18.01; Res: 18.16/21; Sup: 17.64/55
1. If 17.64 is end of correction, it can move up and break 18.84
2. If still correction is in place, we can see again 17.64 and further 17.39-17.21.
3. Alternatively, it can move up towards 18.4 and fall to 17.4 before big rise.

There is no clear indication for both Gold and Silver as of now. Will update as the market move on.