Silver Resistance Reached – Implications for Gold

From goldpriceforecast.com

Technical analysis often reveals its most valuable signals through comparative performance across related assets. Today's trading activity has delivered a clear warning for precious metals investors, with both mining stocks and silver confirming our previous gold price analysis regarding vulnerability in the sector. Silver's price action reinforces this cautionary signal. Despite initially pushing toward the psychologically important $35 level (which served as strong resistance in 2024), silver quickly retreated to around $34.58. This failure to sustain momentum at a key technical threshold provides additional ... (full story)