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Daily Oil, Gold, Silver Technical Analysis

From fxdailyreport.com

Gold bearish pressure brought the price down and reach the $1,780 level yesterday. There is a bullish bounce from the level and currently, the price is testing $1,800. We might see the price continue trading sideway between $1,780 – $1,800 until the close of the week. Next week, traders will continue waiting for a close outside of the range for the next direction confirmation. Today critical levels to watch: Support: $1,780 Resistance: $1,800, $1,850 {chart} There is no bullish reaction yet from the yellow box area. Silver prices continue trading near it and waiting for further reaction. On the upside, a close above ... (full story)

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  • Category: Technical Analysis