The Next Technical Price Targets for Gold & Silver

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I have pointed out earlier, gold is forming a possible short-term top. It is on the verge of completing a bearish ‘Head and Shoulder’ pattern. The pattern is confirmed if gold closes below $1220/oz. The downside pattern target for this setup is $1138/oz. If gold starts to rally and breaks out to the upside, then we should see the $1396 level be reached based on technical analysis.

First published here: The Next Technical Price Targets for Gold & Silver

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