{"id":2784,"date":"2024-09-25T12:03:07","date_gmt":"2024-09-25T12:03:07","guid":{"rendered":"https:\/\/investingsstrategist.com\/index.php\/2024\/09\/25\/gold-and-silver-gold-moves-to-a-new-all-time-high-of-2670\/"},"modified":"2024-09-25T12:03:07","modified_gmt":"2024-09-25T12:03:07","slug":"gold-and-silver-gold-moves-to-a-new-all-time-high-of-2670","status":"publish","type":"post","link":"https:\/\/investingsstrategist.com\/index.php\/2024\/09\/25\/gold-and-silver-gold-moves-to-a-new-all-time-high-of-2670\/","title":{"rendered":"Gold and Silver: Gold moves to a new all-time high of $2670"},"content":{"rendered":"
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Gold and Silver: Gold moves to a new all-time high of $2670<\/h1>\n

During this morning\u2019s Asian trading session, the price of gold rose to a new all-time high at the $2670 level<\/span>
\nDuring this morning\u2019s Asian trading session, the price of silver rose to $32.27, setting a new weekly high<\/span><\/p>\n

Gold chart analysis<\/h2>\n

During this morning\u2019s Asian trading session, the price of gold rose to a new all-time high at the $2670 level. We could not stand to stay there, and the price began to retreat to the $2655 level. Now, the pressure is on gold to maintain above the $2650 level. If it succeeds in this, it could trigger a new bullish consolidation and return us to the previous trend. Potential higher targets are the $2670 and $2680 levels.<\/span><\/p>\n

For a bearish option, we hope for a break below the $2650 support zone. Below it, the bearish momentum<\/a> will only intensify, and the price could easily slip to a new daily low. Potential lower targets are the $2640 and $2630 levels. The EMA 50 moving average could support us in the $2640 zone.<\/span><\/p>\n<\/p>\n

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Silver chart analysis<\/h2>\n

During this morning\u2019s Asian trading session, the price of silver rose to $32.27, setting a new weekly high. There, we encounter resistance to further growth and start a pullback to support at $31.67. For now, the price has that support and manages to stay above the $31.80 level. If we continue above $32.00, the chances of returning above the daily open level to the positive side increase.<\/span><\/p>\n

With that step, silver strengthens the bullish momentum and will have the opportunity to put pressure on this week\u2019s high. Potential higher targets are $32.20 and $32.40 levels. For a bearish option, we need a negative consolidation and a pullback below $31.60. With the formation of a new daily low, the bearish pressure on the price to start a further retreat increases. Potential lower targets are $31.40 and $31.20 levels. The first support is the EMA 50 moving average in the $31.50 zone.<\/span><\/p>\n<\/p>\n

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The post Gold and Silver: Gold moves to a new all-time high of $2670<\/a> appeared first on FinanceBrokerage<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Gold and Silver: Gold moves to a new all-time high of $2670 During this morning\u2019s Asian trading session, the price of gold rose to a new all-time high at the $2670 level During this morning\u2019s Asian trading session, the price of silver rose to $32.27, setting a new weekly high Gold chart analysis During this […]<\/p>\n","protected":false},"author":0,"featured_media":2785,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-2784","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy"],"_links":{"self":[{"href":"https:\/\/investingsstrategist.com\/index.php\/wp-json\/wp\/v2\/posts\/2784","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/investingsstrategist.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/investingsstrategist.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/investingsstrategist.com\/index.php\/wp-json\/wp\/v2\/comments?post=2784"}],"version-history":[{"count":0,"href":"https:\/\/investingsstrategist.com\/index.php\/wp-json\/wp\/v2\/posts\/2784\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/investingsstrategist.com\/index.php\/wp-json\/wp\/v2\/media\/2785"}],"wp:attachment":[{"href":"https:\/\/investingsstrategist.com\/index.php\/wp-json\/wp\/v2\/media?parent=2784"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/investingsstrategist.com\/index.php\/wp-json\/wp\/v2\/categories?post=2784"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/investingsstrategist.com\/index.php\/wp-json\/wp\/v2\/tags?post=2784"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}