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Daily Oil, Gold, Silver Technical Analysis | March 28, 2022
Gold price bearish rejection from the $2,000 resistance level brought the price lower toward the $1,953 level. The price might continue consolidating between $1,953 – $2,000 and traders will wait for a close outside of the range to confirm the next direction. Despite the situation, we think the price will continue moving bullishly as the Fed balance sheet start to swell again. On the lower side, if the price manage to reach $1,900, traders could prepare to enter long positions. Today’s critical levels to watch: Support: $1,900, $1,850 Resistance: $1,950 chart Silver prices have closed inside the $23.00 – ... (full story)