Commodities Analysis and Opinion

Gold, Silver and Miners to Test Resistance

2023.11.20 05:02

Gold, Silver and Miners to Test Resistance

www.investing.com/analysis/gold-silver-and-miners-to-test-resistance-200643734

Gold, Silver and Miners to Test Resistance

By Jordan Roy-Byrne, CMT   |  Nov 20, 2023 04:06AM ET

Jordan Roy-Byrne, CMT

Gold closed at $1985 and faces important daily and weekly resistance at $2000. Silver traded up to $24.00 and faces resistance at $24.50 and $25.00. The miners (GDX & GDXJ) have a bit of upside before testing resistance at the 200-day moving average.

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