Daily Oil, Gold, Silver Technical Analysis
From fxdailyreport.com
The upward movement of gold prices stalled and there was bearish close yesterday. The price continue under bearish pressure today, but maintain the position near yesterday’s low. If the price could immediately reverse the bearish pressure, then traders will expect bullish continuation this week. Tomorrow the Fed FOMC meeting might give better confirmation on short-term gold prices trend. Silver prices launched upward, resuming the bullish trend toward the next target. On the upside, the $38.34 and $40.00 are the targets to watch. As the conflict in the Middle East continue to escalate, traders will continue to hold ...
(full story)