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Monday, December 23, 2024

Technical Signals vs. Market Momentum: Analyzing Gold and Silver's Recent Rally



Gold and silver prices have reached record and 12-year highs respectively in October 2024, defying traditional market dynamics by rallying despite a stronger US dollar and higher interest rates. While technical sell signals emerged on Wednesday, the article questions their reliability given the precious metals’ recent strong performance and suggests potential trading strategies based on key support and resistance levels.



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