What Next ??? - September 29, 2024

20 analysts responded this week, 10 see prices up, while 9 see prices down, and 1 see prices unchanged. especially Trading range will be between $2601-$2690 levels.

S1:2632 S2:2615 S3:2601
R1:2657 R2:2672 R3:2690

Silver Prices remain volatile, but the tone toward the metal remains high, especially Trading range will be between $29.72-$33.30 levels.

S1:31.22 S2:30.45 S3:29.72
R1:31.90 R2:32.55 R3:33.30

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.

S1:66.90 S2:65.86 S3:64.28
R1:69.95 R2:70.83 R3:71.74

Now support for the Gold is seen at 74225 and below could see a test of 73650-72880. Resistance is now likely to be seen at 75145 a move above could see prices testing 75610-76455.

S1:74225 S2:73650 S3:72880
R1:75145 R2:75610 R3:76455

Now support for the silver is seen at 90555 and below could see a test of 89785-88190. Resistance is now likely to be seen at 92500 a move above could see prices testing 93250-94850.

S1:90555 S2:89785 S3:88190
R1:92500 R2:93250 R3:94850

Now support for the Crude is seen at 5550 and below could see a test of 5310-5035. Resistance is now likely to be seen at, 6758 a move above could see prices testing 5898-6080

S1:5550 S2:5310 S3:5035
R1:5758 R2:5898 R3:6080