Gold & Silver Outlook In First Week Of 2023
Image Source: Unsplash
Gold, silver, and miners for the most part have been consolidating bullishly since the start of December. Gold faces resistance at $1840 and $1870 while Silver has resistance at $25 and $26. If the sector pops higher past this initial resistance, then look at upside targets of $1870 for Gold and $26 for Silver.
GDX has resistance at $30 and GDXJ has resistance at $37. Should the miners break resistance and pop higher, then the upside targets are $42 for GDXJ and $33 for GDX.
Video Length: 00:09:21
More By This Author:
Gold Is Outperforming Everything
Avoid These 2 Commodities In 2023
Gold & Silver Outlook: Last Week Of 2022
Disclaimer: TheDailyGold.com and TheDailyGold Premium are not investment advice. The website, email newsletter and premium ...
more
Comments
