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In this article, we analyze the gold and silver markets. In the chart, the daily Variable Changing Price Momentum Indicators (VC PMI) are on the left, while the weekly are on the right.
Gold
The daily price for gold is $1,477. The weekly average price is $1,479. The extreme level above the mean daily (Sell 1 level) is $1,487, while the Sell 2 level is $1,493. The Buy 1 level below the mean on the daily is $1,470, while Buy 2 is $1,459.
Let's look at the trading targets for the daily and weekly. The