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Daily Oil, Gold, Silver Technical Analysis | January 15, 2024
chart Gold prices managed to bounce from the bottom of the channel and now are set to continue the bullish trend. Traders who enter long positions when a bearish retest happens could hold the positions with a stop below the previous swing low. No change to the bullish outlook, each bearish correction is a chance for traders to add more long positions. Today’s critical levels to watch: Support: $2,000, $1,950, $1,900, $1,850, $1,800 Resistance: $2,069, $2,074 Silver return above $23.00 chart Consolidation is happening in silver prices near $23.00. The price is expected to continue the long-term bullish trend and ... (full story)