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Silver and Gold Looking Bullish
Silver is outperforming Gold, so traders should be more confident of being long of Silver than of Gold. The best new trade opportunities which might set up today will be a long trade in Silver above the $28.80 area or in Gold from support at either $2355 or $2336. Stock markets are mostly bullish, which is probably good news for further rises in Gold and Silver. Gold (XAU/USD): Technical Analysis The price chart below Gold is well established within a long-term bullish trend. Bulls still need caution as the price is not trading in blue sky and may still hit resistance. However, we have continued to see bullish price ... (full story)
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- Posted: May 15, 2024 6:54am
- Submitted by:Category: Technical AnalysisComments: 0 / Views: 298
