Daily Technical Analysis on Gold and Silver - Thursday 12-3-2020

In the name of of Allah the Merciful

May God’s peace, mercy, and blessings be upon you. May God grant you good morning

We provide you with daily technical analysis on precious metals And better   Expectations on gold and silver for today. We also offer free Forex recommendations for all the followers and followers of Hinnawi FX site, which specializes in Forex analysis and currency market analysis daily. We offer the best free Forex recommendations and the strongest professional trading signals by God Almighty with high accuracy and great professionalism.

gold

There is no new mention of occasional movements that the yellow metal moved during trading on Wednesday. We notice a bearish trend forming on the four hours. We think two cases, either the decline is to take a momentum from the 1610 areas or a breakout of 1671.5 to continue to rise during today's trading and reach again to 1694

We think, today the trend is to the upside with the breach of 1671.5

Silver

Accidental movement of the silver metal during the week's trading. The emergence of purchasing pressure on the silver. We believe that any rise is only a correction, and the targets are still southern for this pair.