Home Precious Metals Prices Silver Surges Past $26 Amid Gold’s Rise

Silver Surges Past $26 Amid Gold’s Rise

Silver cleared $26 convincingly this week while Gold continued higher to nearly $2350, the first of many measured upside targets. Gold has been a bit gappy and could retrace some of the gaps while Silver has upside to $28.50-$29 and new support at $26.

The mining stocks could have another 5% or so upside to the next resistance.

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Jordan Roy-Byrne, CMT, MFTA is the editor and publisher of TheDailyGold Premium service, our premium publication which emphasizes market timing and stock selection for precious metals investors. I’m a Chartered Market Technician and Master of Financial Technical Analysis. My Masters Thesis, which earned me the MFTA designation was published in the International Federation of Technical Analysis Journal. Currently, no other technical analyst covering precious metals possesses the MFTA designation. I earned a degree in General Studies from the University of Washington with a concentration in Internal Economic Development. In my spare time I enjoy spending time with my wife, fitness, football and travel to National Parks. https://thedailygold.com/