Fed Week & Monthly Close Could Mark Turns For Gold & Silver

The levels for Gold remain the same. There is resistance at $1950, $1960, and a potential pattern target measuring to $2020.

Bullion, Gold, Bar, Gold Bar, Currency, Wealth, Finance

Image Source: Pixabay
 

The levels for Gold remain the same. There is resistance at $1950, $1960, and a potential pattern target measuring to $2020. Last week Gold came within cents of $1950. We are on guard for a correction and that will remain the case even if Gold reaches the $2020 target.

The Fed figures to talk tough this week and that could hit the miners which have rallied with the stock market but outperformed it.

Video Length: 00:08:20


More By This Author:

Gold Sentiment: Room For More Bulls
Gold & Silver Vs. Stock Market Update
Targeting $1950 For Gold & Bit More Upside For Gold Miners

STOCKS IN THIS ARTICLE

Also Mentions:

Comments