Silver

Gold futures have been trading in a tight range ever since prices hit a monthly low near 1171. The range high and low of the sideways price action has been capped between the lows of 1171 and the highs at 1192. On the daily charts for…
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After posting declines for three straight weeks, Gold futures on the weekly chart is currently looking to form an inside bar, within the support zone of 1202 through 1171. Currently, Gold futures have gained over 1% for the week. This…
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Gold futures, although a bit choppy on the shorter time frames is starting to look a bit bearish on the Weekly time frame charts with this week's candlestick currency threatening to break out from the lower rails of the bearish flag near…
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Gold futures have been consolidating within a larger price range of around 1230 through 1185 for the past couple of weeks indicating a possible break out from this range. On the weekly chart time frame, Gold futures have been trading near…
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Gold futures have been quite resilient in the past few weeks and for the most part failed to break significantly below the 1200 handle, making this psychological round number an important price magnet. The 4-hour chart time frame for…
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The precious metals markets has been particularly choppy for the past few weeks with price action showing that Gold and Silver futures have been trading within a broad range with no clear direction in sight, despite the broader weakness in…
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Gold looks bearish on a break below 1200 Gold futures have seen a lot of consolidation in the past few weeks however the fact remains that prices of Gold remain poised to the downside in the medium to longer term. The first chart shows…
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Prices of the precious metal, Gold saw a sideways pattern start to take shape after a high at 1224.3 was made three weeks ago around the week of 5th of April and since then, prices of Gold have been hovering between the highs at 1224 and…
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The main risks to both Gold and Silver update comes from the US CPI data that is due later today. Read the full technical analysis
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After briefly spiking to 1222, Gold futures promptly declined lower breaking out from the rising price channel on the 4-hour charts. Read more
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