2. Spot Silver is also moving below the support at $14.50/$14.75 which means that it can fall to the levels of $13.50-$12.00.
3. Now corollary to falling gold prices is that dollar will get strengthened and as a net result US Dollar Index is testing resistance at 81 and if this level is broken than it can rise to the levels of 83. Failure to surpass the levels of 81 means that one may see a fall to the levels of 73.
4. Crude Update: if crude breaches the level of $69.9 per barrel than crude can fall to the levels of $63 per barrel.
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