Tuesday, September 17th 10:13 AM IST

Monex Precious Metals Review: Gold support $1308, Silver resistance $22.19

# Monex Gold  # Monex Silver  # Monex Platinum  # Monex Palladium  

Monex spot silver prices opened the week at $23.58 . . . traded as high as $23.81 on Monday and as low as $21.65 on Friday . . . and the Monex AM settlement price on Friday was $21.74, down $1.84 for the week.

NEW YORK: Monex spot gold prices opened the week at $1,387 . . . traded as high as $1,390 on Monday and as low as $1,308 on Friday . . . and the Monex AM settlement price on Friday was $1,309, down $78 for the week.  Gold support is now anticipated at $1,308, then $1,278, and then $1,249 . . . with resistance anticipated at $1,350, then $1,386, and then $1,420.

Silver
Monex spot silver prices opened the week at $23.58 . . . traded as high as $23.81 on Monday and as low as $21.65 on Friday . . . and the Monex AM settlement price on Friday was $21.74, down $1.84 for the week.  Silver support is now anticipated at $21.42, then $20.86, and then $19.58 . . . and resistance anticipated at $22.19, then $23.05, and then $24.78.

Platinum
Monex spot platinum prices opened the week at $1,491 . . . traded as high as $1,491 on Monday and as low as $1,433 on Friday . . . and the Monex AM settlement price on Friday was $1,441, down $50 for the week.  Platinum support is now anticipated at $1,427, then $1,396, and then $1,328 . . . and resistance anticipated at $1,458, then $1,497, and then $1,544.

Palladium
Monex spot palladium prices opened the week at $694 . . . traded as high as $702 on Wednesday and as low as $682 on Monday . . . and the Monex AM settlement price on Friday was $699, up $5 for the week.  Palladium support is now anticipated at $685, then $662, and then $634 . . . and resistance anticipated at $702, then $718, and then $738.

Courtesy:http://www.monex.com/liveprices

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