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 Housing Costs Fuel Jump in Core US Inflation READ MORE Wealthy Asian Investors Propel Gold Demand During Jewelry Slump READ MORE Powell Signals No Rate Hike Despite Persistent Inflation READ MORE Fed's Bostic Signals Potential September Rate Cut READ MORE Gold Prices Soar to Unprecedented Heights Amid Anticipation of Fed Rate Cuts READ MORE Add a Comment Cancel replyYour email address will not be published.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