Commodities Analysis by Jordan Roy-Byrne, CMT covering: Gold Spot US Dollar, Silver Spot US Dollar, Gold Futures, Silver Futures. Read Jordan Roy-Byrne, CMT's latest article on Investing.com
Our entire world is focused on the short term at the expense of the long term. As such, monthly and quarterly charts are rare.made a new monthly all-time high in November 2024 and a new quarterly high at the end of 2024. Both events signaled the breakout to come a few months later.The last three candles all closed near the month’s highs, indicating strength. Gold has a bit more room to run before its measured upside target of $3000.
The quarterly chart for Silver shows $32 as resistance, which Silver has tested in each of the past two quarters. The next resistance is $38, but $32 is more significant, as it also marks the yearly all-time closing high. Quarterly and monthly charts are an excellent way to simplify the analysis of trends and evaluate the big picture.
The miners, meanwhile, have just broken out on the monthly chart. If Gold and Silver are headed to $3000 and $35, they will trend higher.Scan QR code to install app
Silver Spot US Dollar Gold Futures Silver Futures
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Lee Roy Jordan under consideration for the Pro Football Hall of FameMaxie Baughan is among the senior candidates, too, after reaching semifinalist status last year.
Baca lebih lajut »
Simone Biles, Jordan Chiles to perform at Gold Over America Tour in downtown LAWeeks after racking up more medals at the Paris Olympics, the great gymnast of all time, Simone Biles, is spending some time in downtown Los Angeles.
Baca lebih lajut »
Simone Biles, Jordan Chiles to perform at Gold Over America Tour in downtown LAWeeks after racking up more medals at the Paris Olympics, the great gymnast of all time, Simone Biles, is spending some time in downtown Los Angeles.
Baca lebih lajut »
Simone Biles And Jordan Chiles Lead 'Gold Over America' Gymnastics TourOlympic champions Simone Biles and Jordan Chiles are leading a nationwide gymnastics tour called 'Gold Over America,' featuring high-flying acrobatics, music, and entertainment.
Baca lebih lajut »
What is happening to Gold exports while Gold prices continue to increase?The Swiss customs authority published data on Gold exports on Thursday.
Baca lebih lajut »
Nerves of gold: exploring the future of soft gold nanowiresJoin us in our latest episode as we sit down with Klas Tybrandt to explore the innovative use of gold nanowires in medical applications.
Baca lebih lajut »