Gold and Silver charts (XAU, XAG)

So it goes… needless to say the last trend line support did not hold and gold lost another 20$. Not that bad – Gold rallied almost 200$ in two month and now gave back ~38% of the move, on the positive side the price of gold closed just above the Fibonacci 38.2% support. Silver constructing a box formation. Both still present excellent buying opportunity in my opinion and higher prices will soon