{"id":13626,"date":"2023-05-28T22:11:42","date_gmt":"2023-05-28T20:11:42","guid":{"rendered":"https:\/\/investmentbell.com\/?p=13626"},"modified":"2023-05-28T23:48:31","modified_gmt":"2023-05-28T21:48:31","slug":"metals-remain-under-pressure-as-long-xme-index-trading-below-54-00-level","status":"publish","type":"post","link":"https:\/\/investmentbell.com\/tr\/analysis\/market-overview\/metals-remain-under-pressure-as-long-xme-index-trading-below-54-00-level\/","title":{"rendered":"Metals Remain Under Pressure As Long XME Index Trading Below 54.00 Level"},"content":{"rendered":"<p>XME SPDR SNP Metals and Mining<\/p>\n<p>a break below 40 level is very bearish for metals, and it is a hint that a potential long bearish trend awaits gold and silver.<\/p>\n<p>A bullish scenario, if the ETF managed to break 54.00 level , it is a short term bullish, however a break above 67.00 is a strong confirmation that all metals including gold, silver, palladium, platinum, and copper will be break new highs.<\/p>\n<p>Technically we can still consider wave i blue as leading that can terminate at 42.00 +\/- then wave iii impulsive to challenge 54.00 and 67.00 levels. A break below 40.00 invalidates the study and another count should be studied.<\/p>\n<p>Regards<\/p>\n<div class=\"rate-now\"><span id=\"rate-mypost13626\"><\/span> <span id=\"rate-points\"> 4.6<\/span><\/div><div style=\"opacity:0.5;\" id=\"rate-ratings\"> <\/div>\n\t\t\t<script type=\"text\/javascript\">jQuery('#rate-mypost13626').raty({\n\t\t\t\thalfShow : true,\n\t\t\t\thalf: true,readOnly: true,score: 4.625,\n\t\t\t\tpath: \"https:\/\/investmentbell.com\/wp-content\/plugins\/userpro-rating\/images\/\"\n\t\t\t\t});<\/script>","protected":false},"excerpt":{"rendered":"<p>XME SPDR SNP Metals and Mining a break below 40 level is very bearish for metals, and it is a hint that a potential long bearish trend awaits gold and silver. A bullish scenario, if the ETF managed to break 54.00 level , it is a short term bullish, however a break above 67.00 is [&hellip;]<\/p>","protected":false},"author":187,"featured_media":13627,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17],"tags":[],"class_list":{"0":"post-13626","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-market-overview"},"_links":{"self":[{"href":"https:\/\/investmentbell.com\/tr\/wp-json\/wp\/v2\/posts\/13626","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/investmentbell.com\/tr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/investmentbell.com\/tr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/investmentbell.com\/tr\/wp-json\/wp\/v2\/users\/187"}],"replies":[{"embeddable":true,"href":"https:\/\/investmentbell.com\/tr\/wp-json\/wp\/v2\/comments?post=13626"}],"version-history":[{"count":0,"href":"https:\/\/investmentbell.com\/tr\/wp-json\/wp\/v2\/posts\/13626\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/investmentbell.com\/tr\/wp-json\/wp\/v2\/media\/13627"}],"wp:attachment":[{"href":"https:\/\/investmentbell.com\/tr\/wp-json\/wp\/v2\/media?parent=13626"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/investmentbell.com\/tr\/wp-json\/wp\/v2\/categories?post=13626"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/investmentbell.com\/tr\/wp-json\/wp\/v2\/tags?post=13626"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}