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Daily Oil, Gold, Silver Technical Analysis | December 06, 2023
Gold testing the level near $2,000 chart The decline experienced by the price of gold can be said to be an ongoing profit-taking reaction. This downside move is testing the point near $2,000 and will await further reaction. When a strong bullish bounce occurs, the gold price will continue its bullish trend. Today’s critical levels to watch: Support: $2,000, $1,950, $1,900, $1,850, $1,800 Resistance: $2,069, $2,074 Silver testing the $23.00 – $23.90 area chart Silver price experienced a bearish close and reached $23.90. A test of the $23.00 – $23.90 area will take place and traders will wait for further ... (full story)