Dhaka | Friday | 27th of November 2020 | Bangla Version | Get Our App EN
  • TOP STORIESTOP STORIES
  • WORLD
  • BANGLADESH
  • INDIA
  • ECONOMY
  • TECH
  • SPORTS
  • CULTURE
  • ♦ MORE ♦
  • ♦ MORE LINK ♦
    • NBS » 2-Headlines » Breaking: Gold and silver remain short – iran news daily iran news now


    Please subscribe to NBS YouTube channel:

    Breaking: Gold and silver remain short – iran news daily iran news now
    NBS | Wednesday, November 18th, 2020 | Published: 2:07 pm

    Breaking: Gold and silver remain short – iran news daily iran news now

    Monday was just another normal day in the markets, a new vaccine was announced helping the equities explode higher.

    TEHRAN (Iran News) – Monday was just another normal day in the markets, a new vaccine was announced helping the equities explode higher. However, the metals saw some extreme volatility initially getting hammered on the news but managed to close higher on the day. Gold and silver had small gains while platinum rallied enough for us to reverse to the long side. January platinum has solid support at 900-910, first resistance should be about 960. Platinum has broken out of the trading range, if the breakout is real, we should see a market move much higher from here.

    Gold remains short with silver and still look weak. We have been short for an extended period. We look for a breakout to the downside with some acceleration. The key here comes at the end of the month, both gold and silver could have key reversal patterns to the downside which could extend the selling.

     

    Read on the original site


    Write your comment...

    nbs24new3 © All Rights Reserved
    News Broadcasting Service - NBS
    (NBS) 2015 - 2020

    CEO: Abdullah Al Masum,
    Editor and Publisher : Sultana Rabiya
    -------------------------------------------
    Bangshal, Dhaka-1000, Bangladesh.
    Cell : +88 02 , +88 01718 580 689
    Email : [email protected], [email protected]

    USA Office: 41-11, 28th Avenue, Suite # 15 (3rd floor), Astoria, New York-11103,
    United States of America. Cell: 917-396-5705.

    Prasenjit Das, Editor in Chief, India.
    Address : Central Road, Town Pratapgarh, Agartala, Tripura, India. +919402109140.

    Home l About NBS l Contact the NBS l DMCA l Terms of use l Advertising Rate l Sitemap l Live TV l All Paper

    Reproduction of content, news or article published on this nbs website is strictly prohibited. - Privacy Policy