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Daily Oil, Gold, Silver Technical Analysis
Gold prices have not produced a significant reaction at the current level. We are still waiting for the price to continue upward to test the $1,780 – $1,800 area and the daily SMA 200. If the price could not close above the area and averages then it might reverse the current direction and start moving lower to test the $1,680 – $1,700 area. Today critical levels to watch: Support: $1,700, $1,680 Resistance: $1,780, $1,800, $1,850 chart There is no momentum movement yet in the silver prices. The price continues trading sideway below the yellow box area. If the price could close above the yellow box area then it ... (full story)