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Daily Oil, Gold, Silver Technical Analysis
The bearish pressure on gold prices continue to bring the price lower and might reach the $1,585 – $1,600 area soon. Traders will continue to stick with a bearish scenario for now until a new higher high is printed on the chart. On the lower side, if the $1,585 – $1,600 support area produce major bullish reaction then there might be chance to enter long positions. Today’s critical levels to watch: Support: $1,600, $1,585 Resistance: $1,680, $1,700, $1,780, $1,800 chart Silver prices closed below the $18.50 level and the price continues to move lower in today’s trading session. The price will target $17.73 ... (full story)
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- Posted: Sep 28, 2022 8:55am
- Submitted by:Category: Technical AnalysisComments: 0 / Views: 349
