(Kitco News) - Gold prices ended the U.S. day session modestly higher Tuesday, on some short covering and bargain hunting following recent losses that saw prices hit a nine-month low last week. Gold bulls’ next upside near-term price breakout objective is to produce a close above solid technical resistance at last week’s high of $1,233.10. Bears’ next near-term downside price breakout objective is pushing prices below solid technical support at $1,200.00. Silver bulls’ next upside price breakout objective is closing prices above solid technical resistance at $17.50 an ounce. The next downside price objective for the bears is closing prices below solid technical support at 235.00 cents.

Source: Forbes November 22, 2016 19:34 UTC