Metals
XAGUSD: Critical Support Test – Bullish Rebound or Further Decline?
XAGUSD at a crossroads: Will it hold support or break down? Get our expert technical analysis and trading scenarios.
2025-10-06
XAGUSD at a crossroads: Will it hold support or break down? Get our expert technical analysis and trading scenarios.
XAUUSD is at a pivotal point after a volatile week. Our technical analysis examines the critical resistance at the 200-period WMA around 3865, the role of the RSI, and key price levels that will dictate gold’s next move.
Gold (XAU/USD) rebounds toward 3,344 but faces resistance at the 23.6% Fibonacci retracement. The uptrend remains intact while the price holds above 3,330 and the 200-WMA. Bulls need a breakout above 3,344 to open the way to 3,365 and 3,375,
XAG/USD plunged below the 61.8% Fibonacci retracement at 36.00, with follow-through extending toward 35.71 – the 78.6% level. RSI momentum is bearish, and the market structure signals a shift in sentiment. A break under 35.28 could accelerate downside, while bulls
XAU/USD is testing the 78.6% Fibonacci support at 3360 following a sustained bearish move. RSI shows early signs of recovery, but trend pressure remains heavy. Bulls must defend 3360 or risk a drop toward the 3340 zone.
XAG/USD is consolidating above 36.20 after a sharp rally toward 36.88. The 23.6% Fibonacci retracement level is now under scrutiny as support, while RSI flattens near neutral. A breakout or breakdown from this zone may define silver’s next directional move.
XAU/USD has rebounded after testing the 78.6% retracement at 3352. While RSI turns upward and short-term momentum stabilizes, the pair faces immediate resistance at 3354.9. A break above this level is needed to confirm recovery, while failure risks a revisit
Silver exploded through 32.86 resistance, reaching 32.97 with RSI spiking above 70. While bullish momentum dominates, overbought conditions suggest a pause or pullback toward 32.66 or 32.30 before potential continuation.
XAG/USD has bounced above the 50% retracement at 32.60, but bullish momentum is facing pressure beneath 38.2% resistance at 32.70. RSI has stabilized near 60, and price is back above both moving averages. A breakout above 32.70 is needed to
Trading over-the-counter derivatives involves leverage and carries significant risk to your capital. These instruments are not appropriate for all investors and could result in losses exceeding your original investment. You do not possess ownership or rights to the underlying assets. Always ensure you are trading with funds you can afford to lose.