However, losses in gold and silver will likely be limited in the near term as both metals’ near-term technical postures have improved recently.
In other news, JP Morgan CEO Jamie Dimon said in his annual letter to his shareholders that the U.S.
Other U.S.
However, a price downtrend on the daily chart has stalled out and more price gains in the near term would confirm a bullish double-bottom reversal pattern that would be another chart clue that a market bottom is in place.
Silver bulls’ next upside price objective is closing prices above solid technical resistance at $26.00 an ounce.