Commodities Analysis and Opinion

Gold Breaks Out With Measured Upside Targets of $2300, Then $2500

12/04/2023

Less than a minute

2023.12.04 03:22

Jordan Roy-Byrne, CMT

finally made its historic breakout last week and the price is hovering around $2100 as the week begins. Gold has measured upside targets of $2300 and $2500.

has measured upside targets of $31. Silver is wrestling with resistance at $26 but could reach $29-$30 if Gold moves to $2300.

12/04/2023

Less than a minute

Bitcoin (BTC) $ 96,202.78 0.47%

Ethereum (ETH) $ 3,361.47 0.12%

Tether (USDT) $ 0.999131 0.21%

XRP (XRP) $ 2.18 0.05%

BNB (BNB) $ 696.05 0.71%

Solana (SOL) $ 189.71 0.28%

Dogecoin (DOGE) $ 0.315832 0.09%

USDC (USDC) $ 1.00 0.41%

Lido Staked Ether (STETH) $ 3,357.40 0.25%

Cardano (ADA) $ 0.876658 1.37%

TRON (TRX) $ 0.257892 3.23%

Avalanche (AVAX) $ 37.79 0.25%

the-open-network

Toncoin (TON) $ 5.74 0.77%

Chainlink (LINK) $ 22.96 0.04%

Wrapped stETH (WSTETH) $ 3,968.65 0.40%

Shiba Inu (SHIB) $ 0.000022 1.22%

wrapped-bitcoin

Wrapped Bitcoin (WBTC) $ 95,962.71 0.41%

Sui (SUI) $ 4.27 0.92%

hedera-hashgraph

Hedera (HBAR) $ 0.286999 0.46%

Stellar (XLM) $ 0.358327 0.51%

Polkadot (DOT) $ 7.05 1.49%

Bitget Token (BGB) $ 7.19 7.26%

WETH (WETH) $ 3,359.43 0.03%

Hyperliquid (HYPE) $ 26.59 7.85%

Bitcoin Cash (BCH) $ 447.79 1.84%

LEO Token (LEO) $ 9.19 3.08%

Uniswap (UNI) $ 13.74 6.36%

Litecoin (LTC) $ 104.03 0.20%

Pepe (PEPE) $ 0.000018 1.58%

Wrapped eETH (WEETH) $ 3,539.47 0.14%

NEAR Protocol (NEAR) $ 5.15 1.00%

Ethena USDe (USDE) $ 0.998508 0.14%

USDS (USDS) $ 1.00 0.43%

Aave (AAVE) $ 343.57 1.44%

Aptos (APT) $ 9.06 0.88%

internet-computer

Internet Computer (ICP) $ 10.50 0.41%

crypto-com-chain

Cronos (CRO) $ 0.152189 1.48%

polygon-ecosystem-token

POL (ex-MATIC) (POL) $ 0.486665 0.71%

Mantle (MNT) $ 1.19 1.41%

Ethereum Classic (ETC) $ 26.46 2.15%

VeChain (VET) $ 0.047146 0.74%

Render (RENDER) $ 7.24 1.50%

WhiteBIT Coin (WBT) $ 24.69 0.65%

Monero (XMR) $ 191.70 1.51%

Bittensor (TAO) $ 476.93 0.93%

MANTRA (OM) $ 3.63 0.28%

Dai (DAI) $ 1.00 0.13%

Artificial Superintelligence Alliance (FET) $ 1.29 1.93%

Arbitrum (ARB) $ 0.769469 2.66%

virtual-protocol

Virtuals Protocol (VIRTUAL) $ 3.12 4.33%