Gold Eyes All-Time High as Silver and Copper Find Support

1 August 2024

Gold is showing signs of resuming its bullish trend, with potential to reach $2,500 per ounce. Silver is rebounding from support levels, with $30 as a key resistance point. Copper is finding support just above $400, with the possibility of a strong rebound or continued downtrend. All three metals are at critical junctures, with specific technical indicators and price levels to watch for confirmation of their next moves. Gold’s potential to test its all-time high, silver’s possible push towards $30, and copper’s consolidation near $400 are key focus points for investors and traders in the precious and industrial metals markets.

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