Commodities Analysis and Opinion
Gold Eyes $1950 Resistance
2023.01.16 07:01
closed last week at $1922, eclipsing weekly resistance at $1900 and putting itself in position to test major resistance at $1950 if there is any follow-through.
Meanwhile, , which closed Friday strong, has not moved in a month. The price action looks like a bullish consolidation but how bullish is that if it occurs when Gold gains $100? If Gold tests $1950 will that extra juice be enough to push Silver to $25-$26?
