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Precious Metals – Weekly Technical Analysis, 20/01
Precious metals are trading mixed this week but are relatively stronger compared to their peers. Gold prices on a week to date basis has gained 0.20% while Silver has moved 0.71% higher. Overall, the precious metals are well supported this week with China continuing to worry the markets leading the precious metals higher as investors prefer to hold on to the safe haven Gold. Also, the falling Oil prices have put pressure on many markets leading to further concerns for the risky equity assets. Gold – Technical Outlook The weekly chart for Gold gives a long term view where prices are consolidating inside the falling ... (full story)
