Gold, Silver & Miners To Begin Oversold Bounce

Owner, The Daily Gold • Feb 20, 2023 at 5:45 AM EST

Precious Metals have experienced a rough decline in recent weeks, but it could reverse this week.

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Precious Metals have experienced a rough decline in recent weeks, but it could reverse this week. In recent days Gold, Silver, and the mining indices have formed bullish hammers. Silver, GDX, and GDXJ bounced from their 200-day moving averages. Gold bounced from key support at $1835.

In this video, we also cover potential short-term upside targets for Gold, Silver, GDX, GDXJ, and SILJ. A rally into March could improve the monthly candles for February, which currently look bearish.

Video Length: 00:08:19

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