Gold and silver is making new ATH among uncertainty in the global market.

Central banks continue to buy Gold.

As mentioned TA say it is overbought however the supply and demand in reality will dictate.

If the demand is higher than the supply than the price of the underlying asset will appreciate.

Silver follows Gold, there is also a high demand for silver in the industry since 59% of all silver produced annually is consumed by our global industry.

Silver reached 84 USD weeks ago in Dubai already.

As I have always said. TA can take you so far. FA will still over run any TA chart if the global shock is strong.

#Gold #Silver