Gold & Silver Marketwatch - ScotiaMocatta

1 Trading DeskReuters: MMCNTel: +1-212-225-62007/6/18 16:17(last updated) Source: Bloomberg gold Pivot1, 842 Primary Support (Buy)1, 837 Primary Resistance (Sell)1, 849 Close / Last Mid* HBOP1, 861 London Pricing AM1, LBOP1, 825 London Pricing PM1, Bollinger Band Upper1, 915 1, Handy Harman (Base)1, Bollinger Band Mid1, 867 gold / Silver NANANAB ollinger Band Lower1, 820 Open InterestGold OISilver OIRelative Strength 9 Day39 40 38 42 COMEX490,401205,426 Relative Strength 14 Day37 41 37 42 CBOT101 Total490,411205,427 gold and Silver Market WatchFriday, July 06, 2018 Friday, July 6, 2018 Technical Levels, etc.

2 Close/last mid refers to the spot closing floor price in gold and Silver , and spot s last mid price as provided by Bloomberg in platinum & palladium spot. All other data provided by Bloomberg. Actual market levels may differ. -1012 GoldSilverPlatinumPalladiumOil WTI FuturesCopper FuturesEURS&P 500 CRB1-Day Commodity Moves (%) -6-5-4-3-2-1012 GoldSilverPlatinumPalladiumOil WTI FuturesCopper FuturesEURS&P WTI FuturesCopper FuturesEURS&P 500 CRB 1-Month Commodity Moves (%) 5-Day Commodity Moves (%) Technical Levels Notable Ranges & Technical Levels Global Research gold & Silver Marketwatch Daily Update Market Commentary gold moved modestly lower overnight, opening the day at After the open, the metal rose to a high of as the dollar index dropped to a 3-week low and 10-year Treasury yields fell to a 5-week low. Shortly thereafter, gold declined on selling interest to a low of as equities (S&P) advanced to a 2-week high on improved risk appetite.

3 gold traded within range for the remainder of the day, closing at Silver edged lower overnight, opening the session at It touched a high of before trading to a low of , prior to concluding the session at Technical Commentary gold closed lower today, at 1255. Resistance is at - the Fibo retracement level of the June High - July Low range. Support is at 1238 - the recent low. MACD has turned marginally bullish while momentum remains negative. I am neutral as long as gold closes above ( Fibo level). Silver closed marginally lower today, at Resistance is at - the Fibo retracement level of the June High - July Low range. Support is at - the recent low. MACD and momentum indicators are negative and downside risk remains as long as Silver closes below the aforementioned Fibo level. The gold - Silver ratio was virtually static, closing today, at Resistance is at - the 50 Day MA. Support is at - the Fibo retracement level of the May - June decline.

4 1 Source: Bloomberg (may differ from market spot prices) gold Silver Day MA1, Day MA1, (Fut) Day MA1, Day MA1, 10 Day MA1, 30 Day MA1, 10 Day MA1, , of: 7/6/2018 16:17as of: 400 Day MA1, 16:17 Moving Averages Markets FX Majors This report has been prepared on behalf of Scotiabank and is not for the use of private individuals. The Scotiabank trademark represents the precious metals business of The Bank of Nova Scotia. Scotiabank, together with Global Banking and Markets , is a marketing name for the global corporate and investment banking and capital markets businesses of The Bank of Nova Scotia and certain of its affiliates in the countries where they operate. The Bank of Nova Scotia, a Canadian chartered bank, is incorporated in Canada with limited liability. Opinions, estimates and projections contained herein are subject to change without notice. The information and opinions contained herein have been compiled or arrived at from sources believed reliable but no representation or warranty, express or implied, is made as to their accuracy or completeness.

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6 Details about the extent of our regulation by the Prudential Regulation Authority are available on Silver : 2-Year Close with Moving Averages ($/oz) gold : 2-Year Close with Moving Averages ($/oz) gold : 2-Month Candlesticks ($/oz) Silver : 2-Month Candlesticks ($/oz)