Did A Major Gold And Silver Breakdown Just Begin?

The latest gold and silver breakdown brings the metals dangerously close to breaking down from their two year old wedge patterns.

BING NEWS:
  • Gold Overbought Phase Ends; Eyes Support Near $2450-$2300 Range
    This wave could have ended at the $2800 area high, but it likely has a few smaller legs higher to go. From there, a D wave correction could see gold trade down to the decent support zone of ...
    12/3/2024 - 2:55 am | View Link
  • Andean Silver Launches Major Exploration at Cerro Bayo
    Mitre Mining Corporation Limited (AU:ASL) has released an update.Don't Miss our Black Friday Offers:Unlock your investing potential with ...
    12/2/2024 - 2:24 pm | View Link
  • Here is JPMorgan's gold and silver price outlook for 2025 and 2026
    JPMorgan expects a near-term downturn for base metals in early 2025 due to potential U.S. tariffs on Chinese goods but sees a rebound later in the year, supported by stronger Chinese economic stimulus ...
    12/2/2024 - 1:57 am | View Link
  • Gold & Silver Are Stabilizing After the 'Trump Shock'
    There was an irrational knee-jerk reaction to sell gold and silver after Trump won the presidential election, but they are now stabilizing and setting up for a continuation of their prior uptrend.
    12/2/2024 - 1:52 am | View Link
  • Gold, silver under pressure as dollar climbs
    Gold and silver prices came under pressure as the last trading month of the year kicked off on Monday, with a rising dollar and Treasury yields dinging precious metals. Gold for February delivery fell ...
    12/1/2024 - 11:08 pm | View Link
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