Tuesday, March 4, 2025

Tag: Price Analysis: Support Becomes Resistance

Price Analysis: Support Becomes Resistance

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    by Peter Schiff, Schiff Gold:

    The price analysis last month titledĀ Caution Warranted in the Short Term, highlighted the potential risk in gold and silver even after a rough July and early August. It concluded the path now is much less clear. Gold could be range bound again between $1750-$1800. Or, a hawkish Fed at the Jackson Hole summit could potentially crack $1750 and open up the door for new lows. The gold miners are definitely anticipating this!