Commodities Analysis and Opinion
Bearish Reversal in Gold, Nasty Reversal in Silver: What’s Next?
2023.12.11 05:35
www.investing.com/analysis/bearish-reversal-in-gold-nasty-reversal-in-silver-whats-next-200644284
Bearish Reversal in Gold, Nasty Reversal in Silver: What’s Next?
By Jordan Roy-Byrne, CMT | Dec 11, 2023 04:18AM ET
We thought Gold was on its way after convincing weekly and monthly closes, but it put in a bearish reversal at $2100. Silver put in a nasty reversal at $26.
We discuss the short-term outlook and note that $2100 and $26 are the gateways to new bull markets.