Daily Oil, Gold, Silver Technical Analysis

Daily Oil, Gold, Silver Technical Analysis

From fxdailyreport.com

Gold prices continue the bullish movement after President Trump’s inauguration. The price is set to target a new record high and traders who have held long positions since $2,600 could continue to hold the positions. When the price starts a bearish correction, traders could wait near the trendline for bullish reactions and a chance to enter long positions. Silver prices slowly moving upward, supported by the $29.00 – $30.00 area. The price might continue the bullish movement to test the $31.50 level. If the price could break out and print a new higher swing high then the bullish trend could continue. As long as ... (full story)

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