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Daily Oil, Gold, Silver Technical Analysis | October 04, 2022
Gold prices made a bullish close yesterday and managed to close the day inside the $1,680 – $1,700 area. At the current time, the price continues building bullish pressure and testing the $1,800 handle. A breakout and close above the area will confirm upward continuation toward the $1,780 – $1,800 area. Today’s critical levels to watch: Support: $1,680, $1,600, $1,585 Resistance: $1,700, $1,780, $1,800 chart The bullish pressure on silver prices managed to break out above $20.00 and close above it. The price continues the upward movement and soon will reach the $21.35 resistance level. A new higher high has ... (full story)