Metals Analysis – Daily Analysis
Metals Analysis
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Gold
Live Price: $4068.09500
- Supports: 4007.07357, 3966.39262, 3905.37120
- Resistances: 4129.11642, 4190.13785, 4271.49975
- Entry: Long 4027.41405, Short 4108.77595
- Stops: L 3946.05215, S 4190.13785
Gold just stumbled. A JPMorgan strategist says the metal could double in value. – JPMorgan believes gold will increasingly become an investor favored hedge against equities, to the tune of 110%.
Silver
Live Price: $48.09650
- Supports: 47.37505, 46.89409, 46.17264
- Resistances: 48.81795, 49.53939, 50.50133
- Entry: Long 47.61554, Short 48.57746
- Stops: L 46.65360, S 49.53939
No major headlines today.
Oil ETF (USO)
Data unavailable