Precious Metals Show Modest Price Gains with Bullish Charts

Gold and silver prices are slightly higher due to bullish technical postures, attracting speculative longs. Geopolitical tensions have eased, allowing risk appetite to increase. The U.S. dollar index is slightly higher, while crude oil prices are firmer ahead of an OPEC-plus meeting. U.S. economic data to be released includes retail sales, house price indexes, and consumer confidence. Gold futures bulls have the near-term advantage, with resistance at $2,050.00, while silver bulls have the overall advantage, with resistance at $26.10.