New Charts Show Gold and Silver Poised for Breakout Gold and silver prices are currently consolidating within a range, despite a recent rally. Both metals have the potential for further gains, but a significant decline in the US Dollar may be necessary to provide the momentum needed for a breakout. Gold is expected to continue its upward trend as long as it maintains support above $2,470.72, with the next target at $2,581.30. Silver, while lagging behind gold, shows potential for catching up if it can break above key resistance levels. However, both metals remain sensitive to dollar movements and could face pullbacks if support levels are breached. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Precious Metals "Red Hot" Rally Set to Continue, Say Strategists READ MORE Gold Prices Rise for Fifth Week Amid Iran-Israel Tensions READ MORE US-Led Rising Debt Across G-7 Stokes S&P and Scope Concerns READ MORE Asia's Demand Fuels Gold Price Surge, Says Julius Baer READ MORE Safe-Haven Appeal Drives Gold Over $2,400 READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment