What Next ??? - November 16, 2024

20 analysts responded this week, 7 see prices up, while 10 see prices down, and 3 see prices unchanged. especially Trading range will be between $2513-$2598 levels.

S1:2731 S2:2722 S3:2703
R1:2747 R2:2755 R3:2787

Silver Prices remain volatile, but the tone toward the metal remains high, especially Trading range will be between $29.23-$31.98 levels.

S1:30.04 S2:29.55 S3:29.23
R1:30.90 R2:31.25 R3:31.98

20 of 9 analysts, forecast Crude Oil will rise in next week. 0 respondents predicted that futures will be little changed and 11 said the contract will fall.

S1:65.90 S2:64.86 S3:63.28
R1:67.95 R2:.68.83 R3:69.74

Now support for the Gold is seen at 73425 and below could see a test of 72550-71880. Resistance is now likely to be seen at 74245 a move above could see prices testing 74910-75955.

S1:73425 S2:72550 S3:71880
R1:74245 R2:74910 R3:75955

Now support for the silver is seen at 87555 and below could see a test of 86485-85190. Resistance is now likely to be seen at 89900 a move above could see prices testing 90550-91950.

S1:87555 S2:86485 S3:85190
R1:89900 R2:90550 R3:91950

Now support for the Crude is seen at 5550 and below could see a test of 5480-5235. Resistance is now likely to be seen at, 5758 a move above could see prices testing 5898-5980

S1:5550 S2:5480 S3:5235
R1:5758 R2:5898 R3:5980