Gold and Silver: The gold is maintained at around $1915

<div><img width="1200" height="800" src="https://www.financebrokerage.com/wp-content/uploads/2023/02/Gold.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="gold" decoding="async" loading="lazy" /></div><h1><b>Gold and Silver: The gold is maintained at around $1915</b></h1>
<ul>
<li aria-level="1"><span>During the Asian trading session, the price of gold hovered around the $1915 level. </span></li>
<li aria-level="1"><span>The price of silver continues to consolidate above the $24.00 level at the beginning of this week. </span></li>
</ul>
<h2><b>Gold chart analysis</b></h2>
<p><span>During the Asian trading session, the price of gold hovered around the $1915 level. Currently, we are not able to break above, which produced a bearish impulse to the $1912 level. This is where we formed today&#8217;s low price, and we need to stay above it if we want to see a <a href="https://www.financebrokerage.com/oil-and-natural-gas-oil-remains-bullish-above-80-00/">bullish</a> continuation. Potential higher targets are the $1920 and $1925 levels.</span></p>
<p><span>We need a negative consolidation and price pullback to the $1910 level for a bearish option. We have additional price support at this point in the EMA50 moving average. In this way, we would fall below today&#8217;s support, which could trigger further bearish consolidation. Potential lower targets are $1905 and $1900 levels.</span></p>
<p><img decoding="async" loading="lazy" class="aligncenter wp-image-221479 size-large" src="https://www.financebrokerage.com/wp-content/uploads/2023/08/pfqgYbEp-1024×619.jpg" alt="Gold chart analysis" width="1024" height="619" /></p>
<h2><b>Silver chart analysis</b></h2>
<p><span>The price of silver continues to consolidate above the $24.00 level at the beginning of this week. The current resistance is at $24.20, and we need a break above to continue to the bullish side. Then, we would have to maintain ourselves up there and stabilize there before continuing up. Potential higher targets are $24.40 and $24.60 levels.</span></p>
<p><span>We need a negative consolidation and a price drop below the $24.00 level for a bearish option. A break below would mean a potential continuation of the pullback to the next support. Potential lower targets are $23.80 and $23.60 levels. Additional support in the zone around $23.60 was provided by the EMA50 moving average.</span></p>
<p><img decoding="async" loading="lazy" class="aligncenter wp-image-221480 size-large" src="https://www.financebrokerage.com/wp-content/uploads/2023/08/uSUfCe6n-1024×619.jpg" alt="Silver chart analysis" width="1024" height="619" /></p>
<p>&nbsp;</p>
<p>The post <a rel="nofollow" href="https://www.financebrokerage.com/gold-and-silver-the-gold-is-maintained-at-around-1915/">Gold and Silver: The gold is maintained at around $1915</a> appeared first on <a rel="nofollow" href="https://www.financebrokerage.com">FinanceBrokerage</a>.</p>