Metals Analysis – Daily Analysis
Metals Analysis
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Gold
Live Price: $4130.27000
- Supports: 4068.31595, 4027.01325, 3965.05920
- Resistances: 4192.22405, 4254.17810, 4336.78350
- Entry: Long 4088.96730, Short 4171.57270
- Stops: L 4006.36190, S 4254.17810
Amazon and TikTok are helping Estee Lauder reinvent itself, Goldman Sachs says – Cosmetics giant Estee Lauder Cos.’s rebound could take hold sooner than expected, Goldman Sachs analysts said on Monday, as trends firm up in the U.S. and China and the company puts more focus on newer and higher-end products and sales through TikTok and Amazon.
Silver
Live Price: $52.36510
- Supports: 51.57962, 51.05597, 50.27050
- Resistances: 53.15058, 53.93605, 54.98336
- Entry: Long 51.84145, Short 52.88875
- Stops: L 50.79415, S 53.93605
Bank of America now sees $65 silver, as price spike reduces London market to a ‘state of seizure.’ – A shortage of physical inventories threatens to disrupt the world’s most important silver trading hub – the LBMA.
Oil ETF (USO)
Data unavailable
