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TechFlow News: On January 29, according to JIN10 Data, Peter Cardillo, analyst at Spartan Capital Securities, stated that the pullback in gold and silver futures may indicate that prices have reached their near-term highs. He added, “We believe this reversal is significant.” Spot gold is currently down over 4%, while spot silver is down nearly 6%.
According to JIN10 data, Peter Cardillo, analyst at Spartan Capital Securities, noted that the pullback in gold and silver futures may indicate that prices have reached their recent highs. He stated, “We believe this reversal is significant.” Currently, spot gold has fallen more than 4%, and spot silver has declined nearly 6%.
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