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Daily Oil, Gold, Silver Technical Analysis | January 09, 2025
Gold building bullish pressure: chart Gold prices maintained its bullish situation and continued grinding upward. There is no change to the bullish situation yet. If the price could continue the bullish movement then traders will expect the formation of a new higher swing high. However, if the price turn lower again and close below $2,597 then the situation might turn bearish for medium-long term. Today’s critical levels to watch: Support: $2,600, $2,550, $2,530 Resistance: $2,685, $2,750, $2,800, $2,841 Silver stay no breakout from $29.00 – $30.00 yet: chart The consolidation of silver prices continue inside ... (full story)
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- Posted: Jan 9, 2025 6:09pm
- Submitted by:Category: Technical AnalysisComments: 0 / Views: 352
