Commodities Analysis and Opinion

Gold, Silver: Watch Out for a Bounce at $1900 and $22.00

2023.08.14 05:43

Gold, Silver: Watch Out for a Bounce at $1900 and $22.00

www.investing.com/analysis/gold-silver-watch-out-for-a-bounce-at-1900-and-2200-200640913

Gold, Silver: Watch Out for a Bounce at $1900 and $22.00

By Jordan Roy-Byrne, CMT   |  Aug 14, 2023 04:51AM ET

Jordan Roy-Byrne, CMT

In the very short-term Gold and Silver are getting oversold and approaching support levels at $1900 Gold and $22.00 Silver. Our hope is for a very strong rebound from that support. If that does not transpire, then the medium-term risk is in play.

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