Market Update: Gold, Silver, and Bitcoins Are Going Up
Gold and silver have gone up because of US, Iran tensions, and Bitcoin is testing the levels that support it.
Gold and Silver Performance
Gold is near $5, 023, up about 0.5, 0.6% in 24 hours and is getting close to horizontal resistance. Silver is a little over $70, increasing 0.3% on the day after breaking a triangle pattern. Bitcoin's Technical Challenges
BTC is close to $67, 900, up 1% in 24 hours and is moving within a bear, pennant structure. Weekly charts show that it is important to keep the key horizontal support as Stochastic RSI remains at historically low levels. Analysts are watching if Bitcoin will go up with traditional safe, haven assets because of the geopolitical crisis.
Do you want to learn more about the factors that affect the gold and silver prices or find out more about Bitcoin's predicted breakout?
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