Gold and Silver prices should continue to consolidate in the near term. Gold faces resistance at $2000 and support at $1900 and $1880. Silver faces resistance at $26 and support at $24. These could be the ranges moving forward.
A daily break above $2000 for Gold and above $26.00 for Silver would be significant. Gold has very little overhead resistance whereas if Silver breaks $26.00, it would test resistance at $28.00-$29.00. We also mention the three scenarios in which Silver would outperform.
Video Length: 00:18:01
Disclaimer: TheDailyGold.com and TheDailyGold Premium are not investment advice. The website, email newsletter and premium ...
Disclaimer: TheDailyGold.com and TheDailyGold Premium are not investment advice. The website, email newsletter and premium newsletter are intended only for informational, educational and research purposes only.
The information, facts, figures, data and analysis included in our publications are believed to be accurate, reliable and credible but nothing has been independently verified for its certainty. Also, facts, figures and data can change at any moment, thereby affecting past analysis and conclusions. The newsletter and website are not tailored to anyone’s financial situation and therefore do not, nor could they; take into account the needs, objectives and financial situation of its readers and subscribers. Readers are strongly encouraged to consult with a qualified financial advisor before making any financial decisions.