The Financial Horizons
No Result
View All Result
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
  • Latest News
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
  • Latest News
No Result
View All Result
The Financial Horizons
No Result
View All Result
Home Economy

Gold and silver: the price of gold crosses the $2350 level

by
April 26, 2024
in Economy
0
Gold and silver: the price of gold crosses the $2350 level
0
SHARES
9
VIEWS
Share on FacebookShare on Twitter

Gold and silver: the price of gold crosses the $2350 level

The price of gold is recovering after falling to the $2291 level on Tuesday. 
The price of silver has been in a bullish consolidation since Tuesday. 

Gold chart analysis

The price of gold is recovering after falling to the $2291 level on Tuesday. The growing bullish consolidation managed to climb the euro to the $2350 level today. We have crossed the EMA200 moving average and have its support. We hope that this trend will continue and that the price of gold will rise to higher levels.

Potential higher targets are $2360 and $2370 levels. We need a negative consolidation and pullback below the EMA200 and $2340 levels for a bearish option. This would only increase the bearish pressure on the price, which would negatively result in a further pullback to the bearish side. Potential lower targets are $2330 and $2320 levels.

Silver chart analysis

The price of silver has been in a bullish consolidation since Tuesday. Today, we see the crossing of the EMA200 and the $27.70 level. We expect to see further price recovery and continuation to the bullish side. Potential higher targets are $27.80 and $28.00 levels. We are still very far from this week’s high at the $28.78 level, but we are on a bullish path.

We need a pullback below the EMA200 moving average and the $27.60 level for a bearish option. After that, we go down to $27.40 and test the daily open price there. Going below will only strengthen the bearish momentum, and the price of silver will be forced to retreat to lower levels. Potential lower targets are $27.20 and $27.00 levels.

 

The post Gold and silver: the price of gold crosses the $2350 level appeared first on FinanceBrokerage.

Previous Post

Bitcoin price continues to move below the $65000 level

Next Post

Oil and natural gas: the price of oil crosses $84.00 level

Next Post
Oil and natural gas: the price of oil crosses $84.00 level

Oil and natural gas: the price of oil crosses $84.00 level

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent News

    White House investigating Biden use of autopen in sprawling probe of ‘incompetent and senile’ former president

    White House investigating Biden use of autopen in sprawling probe of ‘incompetent and senile’ former president

    July 15, 2025
    Huckabee demands Israel ‘aggressively investigate’ murder of Palestinian American killed in ‘terrorist act’

    Huckabee demands Israel ‘aggressively investigate’ murder of Palestinian American killed in ‘terrorist act’

    July 15, 2025
    Senate GOP agree to strip cuts to HIV, AIDs prevention program from Trump’s clawback bill

    Senate GOP agree to strip cuts to HIV, AIDs prevention program from Trump’s clawback bill

    July 15, 2025
    Democrat accuses Trump administration of diverting ‘critical resources’ from fighting organized retail theft

    Democrat accuses Trump administration of diverting ‘critical resources’ from fighting organized retail theft

    July 15, 2025
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: Thefinancialhorizons.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 thefinancialhorizons.com | All Rights Reserved

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

    Disclaimer: Thefinancialhorizons.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 thefinancialhorizons.com | All Rights Reserved