Analyst: Increased risk of gold topping out, silver welcomes breakout opportunity.

Wisdom Financial News App learned that analysts pointed out, recently, the price of gold has soared from $2,960 per ounce to $3,500 in just two weeks, with a nearly vertical upward trend. However, the momentum indicator has not confirmed this uptrend. Despite gold continuously hitting new highs, the proportion of closing prices hitting new highs has not increased accordingly. This divergence between price and momentum warns that the upward trend of gold may be about to reverse. In contrast, silver is at an important breakthrough point after a long period of consolidation.