$GOLD $SILVER $OIL Probable Price Ranges July 1, 2016
$GOLD, $Silver and $OIL have been switched over to a probable price range format from the previous probable price range and close format. The previous format resulted in daily prices falling outside the range too frequently. The probable price range format is designed to create a wider probable price range which should more effectively capture the daily range of price movements.
$GOLD
Range = 1296.45 - 1345.52
**Actual: 1323.00 - 1347.00**
$SILVER
Range = 18.55 - 19.25
Extended Range = 18.36 - 19.44
**Actual = 18.80 - 19.98**
$OIL
Range = 46.92 - 49.74
Extended Range = 46.26 - 50.40
**Actual = 47.90 - 49.30**
Chart Analysis uses a combination of technical analysis and cycles to provide insight into the future direction of precious metals, currencies, stock indices and more.
