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Daily Oil, Gold, Silver Technical Analysis | September 28, 2023

From fxdailyreport.com

The state of gold prices looks bearish and is now near $1,900. If the price falls further and closes below $1,900 and forms a lower swing low then the bearish trend will begin. However, if the price can bounce up and form a higher swing high point then the situation can turn bullish again. For now, traders will continue to observe further developments. Today’s critical levels to watch: Support: $1,900, $1,850 Resistance: $1,950, $2,000, $2,069, $2,074 Silver moving below $23.00 {chart} The movement of silver prices turned bearish again with prices dropping below the current $23.00 mark. If the price continues to ... (full story)

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  • Category: Technical Analysis