Gold & Silver Price Forecast – Extended but at Risk of More Losses
Precious metals have taken it on the chin and oversold short-term, but still have room to go before big levels of support are met.
Precious metals have taken it on the chin and oversold short-term, but still have room to go before big levels of support are met.
The Dow continues to pull back and this comes despite the fact that the Nasdaq just set a fresh all-time-high yesterday. With the Dow Jones testing a key zone of support, will buyers show-up to re-grab control of short-term price action?
The Australian Dollar is vulnerable to deeper losses against its US counterpart after breaking counter-trend support guiding the upswing early May.
The Pound is attempting a reversal off confluence support on the heels of the BoE. Here are the targets & invalidation levels that matter on the GBP/USD weekly chart.
U.S. markets are on the verge of undergoing a test as summer arrives, how the S&P 500 and Dow fare in days ahead could be quite meaningful…