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Daily Oil, Gold, Silver Technical Analysis | March 27, 2022

From fxdailyreport.com

Gold prices are expected to continue bullish this year following the interest-rate situation, which should peak soon. Traders could use the bearish correction in gold prices to enter long positions near support levels. When the Fed decides to hold interest-rate or cut rate then it is the confirmation that the bullish trend will resume. Today’s critical levels to watch: Support: $1,900, $1,850 Resistance: $1,950 {chart} Silver prices have reached the $23.00 – $23.90 area and currently will consolidating inside it. The price will continue the bullish movement and traders will use each bearish correction as a chance to ... (full story)

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  • Category: Technical Analysis