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Daily Oil, Gold, Silver Technical Analysis | October 11, 2023

From fxdailyreport.com

Gold prices have managed to rise above $1,850 but did not see further increases in yesterday’s trading. Consolidation is likely to take place near this point before the next move. If the price can continue rising then the $1,900 point will be the upward target. Conversely, if the price falls below $1,850 again with strong bearish momentum then the bearish trend may continue. Silver’s price return to above $21.35 is bullish. Currently, the price has not resumed its increase and is likely to consolidate near $21.35. If the price can continue its bullish movement then the $23.00 – $23.90 area is an upside target. The ... (full story)

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