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Gold, Silver Short-Term Upside Potential

04/10/2023

Less than a minute

2023.04.10 03:54

Jordan Roy-Byrne, CMT

If can make a daily close above $2050 then look for another small leg higher. Gold made its second-highest weekly close ever and has solidified $1950-$1980 as short-term support.

meanwhile surpassed resistance at $24.50 and has a chance to test $28 if it can make a weekly close above $26.50.