Gold and silver continued their slide from last week with gold now trading at 884, just above the important 870/80 region below which we should see some stops. Silver isn’t faring much better and now looks like retesting support at 12.30 with the next important level seen at 11.70. While the market gets its head around what to do with gold and silver as the equity markets look like heading higher expect some further selling pressure initially which will more than likely be followed up by a return to strength in the coming weeks.