Silver reversed from key support near $30.69, holding the 20-Day MA. A breakout above $31.74 could confirm further gains toward Fibonacci resistance levels.
A successful test of the resistance at 44,400 – 44,500 will push Dow Jones towards the next resistance, which is located in the 44,900 – 45,000 range. RSI is in the moderate territory, and there is ...
The gold market initially fell hard as traders were forced to liquidate winning positions in order to cover losing ones. However, we have seen a turnaround showing signs of strength yet again.