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 SAXO Bank: Can Gold Overcome the ‘September Curse’? READ MORE Gold Hovers Near $2,400 as Rate Cut Expectations Grow READ MORE Where to Sell Silver [Coin Dealer or Pawn Shop?] READ MORE U.S. Private Sector Hiring Exceeds Expectations, Adding 192,000 Jobs in April READ MORE ZeroHedge: Price Inflation Accelerates for Second Month as Biden Blames "Greed" READ MORE Add a Comment Cancel replyYour email address will not be published.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