Metals Analysis – Daily Analysis
Metals Analysis
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Gold
Live Price: $4080.25000
- Supports: 4019.04625, 3978.24375, 3917.04000
- Resistances: 4141.45375, 4202.65750, 4284.26250
- Entry: Long 4039.44750, Short 4121.05250
- Stops: L 3957.84250, S 4202.65750
Gold has a shot at $5,000 if investors rekindle this popular trade – It has been more than two weeks since gold prices notched record highs, but the debasement trade that has played a key role in the precious metal’s rally this year is alive and well.
Silver
Live Price: $49.87885
- Supports: 49.13067, 48.63188, 47.88370
- Resistances: 50.62703, 51.37522, 52.37279
- Entry: Long 49.38006, Short 50.37764
- Stops: L 48.38248, S 51.37522
No major headlines today.
Oil ETF (USO)
Data unavailable