Gold And Silver Bottom And Rebound Into Holiday Week
Image Source: Unsplash
A week ago we thought the precious metals sector and miners in particular were setting up for a bounce. The sector traded lower to start last week but closed the week with a powerful reversal.
Gold rebounded from $1900 support and its 150-day moving average while Silver held $22 and its 200-day moving average. In the video, we discuss potential short-term targets and resistance levels.
Video Length: 00:15:06
More By This Author:
3 Reasons Why Juniors Have Tanked
3 Reasons Why Gold Is Holding Up Well
Stock Market Crash Declines Around Recessions
Disclosure: None