Comments on: Gold & Silver Hit Price Targets, Pullback To Support https://rightsideofthechart.com/gold-silver-hit-price-targets-pullback-to-support/ Stock Trading, Investing & Market Analysis Wed, 25 May 2022 16:25:33 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: becky https://rightsideofthechart.com/gold-silver-hit-price-targets-pullback-to-support/#comment-22641 Tue, 26 Oct 2021 14:51:56 +0000 https://rightsideofthechart.com/?p=206636#comment-22641 In reply to becky.

GDX also tagged the 200 SMA on daily and is quite overbought. Can certainly correct in time, but that has not been the case with gold lately. Usually all rips are followed by violent dips. Favoring a pullback to 50 SMA to reset the indicators.

]]> By: becky https://rightsideofthechart.com/gold-silver-hit-price-targets-pullback-to-support/#comment-22640 Tue, 26 Oct 2021 14:44:07 +0000 https://rightsideofthechart.com/?p=206636#comment-22640 It would be bullish for silver to carry on but daily charts tell me otherwise. I favor a backtest of the down TL based on maxed out indicators.

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