Revenue Agenda
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
No Result
View All Result
Revenue Agenda
No Result
View All Result
Home Economy

Gold and silver: Gold jumped above $1980 yesterday

by
July 21, 2023
in Economy
0
Gold and silver: Gold jumped above $1980 yesterday
0
SHARES
8
VIEWS
Share on FacebookShare on Twitter

Gold and silver: Gold jumped above $1980 yesterday

The price of gold jumped to the $1987 level yesterday, forming a new two-month high there. Silver prices begin to retreat after the jump to the $25.26 level and the formation of a new high.

Gold chart analysis

The price of gold jumped to the $1987 level yesterday, forming a new two-month high there. After that, there was saturation at that level, and the price started a pullback. Yesterday’s pullback was to the $1965 level, and during the Asian session, we saw a recovery to the $1974 level. In today’s EU session, gold begins a new retreat to the $1961 level.

Additional support in that zone is the EMA50 moving average. If the price breaks below, potential lower targets are $1955 and $1950. We need a positive consolidation and a move from the $1970 level for the Bullish option. Then we need to try to keep up there. After that, we can expect to continue the growth, with potential targets at the $1975 and $1980 levels.

Silver chart analysis

Silver prices begin to retreat after the jump to the $25.26 level and the formation of a new high. First, it fell below the $25.00 level, and in the Asian session, we saw a continuation of the fall to the $24.75 level. We could soon fall to the $24.60 level and test the EMA50 moving average there.

A break below would only add further pressure on the price and send it even lower. Potential lower targets are $24.40 and $24.20 levels. For a bullish option, we need a positive consolidation and a return of silver above the $25.00 level. Then, we need to stay up there and start further recovery with a new impulse. Potential higher targets are $25.25 and $25.50 levels.

 

The post Gold and silver: Gold jumped above $1980 yesterday appeared first on FinanceBrokerage.

Previous Post

USDCHF and USDJPY: USDJPY jumps to 142.00 levels

Next Post

S&P 500 Recovering: High High Volatility on the Ahead

Next Post
S&P 500 Recovering: High High Volatility on the Ahead

S&P 500 Recovering: High High Volatility on the Ahead

  • Trending
  • Comments
  • Latest
Top 10 Potash Countries by Production (Updated 2024)

Top 10 Potash Countries by Production (Updated 2024)

August 21, 2024
Top 10 Phosphate Countries by Production (Updated 2024)

Top 10 Phosphate Countries by Production (Updated 2024)

August 1, 2024
Top 10 Uranium-producing Countries (Updated 2024)

Top 10 Uranium-producing Countries (Updated 2024)

November 6, 2024
7 Biggest Lithium-mining Companies in 2024

7 Biggest Lithium-mining Companies in 2024

September 18, 2024
Prismo Metals Discovers Two Separate Mineralized Veins at Silver King

Prismo Metals Discovers Two Separate Mineralized Veins at Silver King

0
New Hampshire Gov. Sununu signs $15.2B ‘miracle’ budget into law

New Hampshire Gov. Sununu signs $15.2B ‘miracle’ budget into law

0

Pennsylvania House clears tax credits for new teachers, nurses, police officers

0
Evers signs bipartisan sales tax bill aimed at sparing Milwaukee from bankruptcy

Evers signs bipartisan sales tax bill aimed at sparing Milwaukee from bankruptcy

0
Prismo Metals Discovers Two Separate Mineralized Veins at Silver King

Prismo Metals Discovers Two Separate Mineralized Veins at Silver King

August 28, 2025
Group Eleven Drills 6.2m of 312 g/t Ag and 0.95% Cu, incl. 2.8m of 549 g/t Ag and 1.77% Cu in a 90m Step-Out, Further Supporting Deeper Cu-Ag Target at Ballywire

Group Eleven Drills 6.2m of 312 g/t Ag and 0.95% Cu, incl. 2.8m of 549 g/t Ag and 1.77% Cu in a 90m Step-Out, Further Supporting Deeper Cu-Ag Target at Ballywire

August 28, 2025
1911 Gold Commences PEA on True North Project and Provides Update on Underground Progress

1911 Gold Commences PEA on True North Project and Provides Update on Underground Progress

August 28, 2025
Cartier Launches Ambitious 100,000-m Drill Program on Cadillac

Cartier Launches Ambitious 100,000-m Drill Program on Cadillac

August 28, 2025
Enter Your Information Below To Receive Trading Ideas and Latest News

Error: Contact form not found.

Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Recent News

Prismo Metals Discovers Two Separate Mineralized Veins at Silver King

Prismo Metals Discovers Two Separate Mineralized Veins at Silver King

August 28, 2025
Group Eleven Drills 6.2m of 312 g/t Ag and 0.95% Cu, incl. 2.8m of 549 g/t Ag and 1.77% Cu in a 90m Step-Out, Further Supporting Deeper Cu-Ag Target at Ballywire

Group Eleven Drills 6.2m of 312 g/t Ag and 0.95% Cu, incl. 2.8m of 549 g/t Ag and 1.77% Cu in a 90m Step-Out, Further Supporting Deeper Cu-Ag Target at Ballywire

August 28, 2025
1911 Gold Commences PEA on True North Project and Provides Update on Underground Progress

1911 Gold Commences PEA on True North Project and Provides Update on Underground Progress

August 28, 2025
Cartier Launches Ambitious 100,000-m Drill Program on Cadillac

Cartier Launches Ambitious 100,000-m Drill Program on Cadillac

August 28, 2025
  • About us
  • Privacy Policy
  • Terms & Conditions
  • About us
  • Privacy Policy
  • Terms & Conditions

Copyright © 2025 revenueagenda.com | All Rights Reserved

No Result
View All Result
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy

Copyright © 2025 revenueagenda.com | All Rights Reserved