Commodities Analysis and Opinion

Gold and Silver Decouple, End the Week Lower

2022.12.19 06:21


Jordan Roy-Byrne, CMT

We recap the action and technical outlook for gold, silver, and miners. They all rebounded Friday even as the stock market declined. However, for the week, they declined with the stock market.

The declined 2% on the week while lost only 0.6%. and the miners declined around 1.5% for the week.

Gold, Silver, and the miners continue to face significant short-term resistance.



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