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Daily Oil, Gold, Silver Technical Analysis | June 27, 2024
Gold returns above green box area: chart After yesterday’s bearish close, gold prices immediately made a bullish reaction today and exceeded yesterday’s high point. If the price can maintain its bullish pressure and closes above the green box area then there is an opportunity for a continuation of the bullish movement. Still the same as before, if the price moves down and closes below the green box area then the direction of movement can change to bearish. Today’s critical levels to watch: Support: $2,143, $2,074, $2,069, $2,000 Resistance: $2,400 Silver trading below $29.00: chart Bearish pressure on ... (full story)