Metals Analysis – Daily Analysis
Metals Analysis
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Gold
Live Price: $3755.01500
- Supports: 3698.68977, 3661.13962, 3604.81440
- Resistances: 3811.34022, 3867.66545, 3942.76575
- Entry: Long 3717.46485, Short 3792.56515
- Stops: L 3642.36455, S 3867.66545
Bitcoin falls while gold reaches new highs. Why that may not bode well for stocks. – Bitcoin fell while gold rallied on Monday. And it doesn’t bode well for stocks, which are on track for new highs after posting three straight weeks of gains.
Silver
Live Price: $43.86200
- Supports: 43.20407, 42.76545, 42.10752
- Resistances: 44.51993, 45.17786, 46.05510
- Entry: Long 43.42338, Short 44.30062
- Stops: L 42.54614, S 45.17786
When the world’s largest asset manager and the ‘bond king’ both agree — run to gold, silver and bitcoin – DoubleLine’s Jeffrey Gundlach and BlackRock join the preppers defending against Washington’s financial repression.
Oil ETF (USO)
Data unavailable