Gold holds above the 23.6% Fibonacci retracement at 3334, maintaining bullish control as momentum extends. RSI remains constructive and price stays above both moving averages. Traders now look toward 3387, with technical supports at 3310 and 3294 in focus.
Silver surged to $33.50 but failed to hold, retreating back toward the $33.30 support zone. Price sits above the 200-WMA, but rejection wicks and soft RSI momentum suggest indecision. Traders should monitor for breakout recovery or deeper retracement.
XAU/USD has pulled back sharply to test the 3295 support level after breaking below both moving averages. With RSI under 50 and price action heavy, gold is at a technical crossroads — watch for breakdown or stabilization signals.
Silver (XAG/USD) has broken below the critical $32.40 level, confirming a shift in short-term sentiment. Price now trades below both the 50- and 200-period moving averages as RSI dips into bearish territory. Traders should monitor for downside continuation toward $32.00
XAU/USD is consolidating beneath the 3225 resistance zone after a strong upside run. Price sits above both moving averages, but RSI signals a slowing momentum phase. This analysis explores the current trend dynamics, key price levels, and potential breakout or
Gold (XAUUSD) currently trades above its 50-day moving average, with bulls defending crucial support at 2990. The recent consolidation phase suggests accumulation before a potential breakout, with key resistance at 3000-3010 zone. Technical indicators point to increasing bullish momentum.
Silver (XAGUSD) has demonstrated impressive bullish momentum, breaking through the significant $32.00 resistance level after establishing a solid foundation above the 50 and 200 moving averages. The recent price action shows a series of higher lows and higher highs, supported
XAUUSD is testing the critical $2,925 support level after facing selling pressure. RSI indicates oversold conditions, raising the possibility of a reversal or further decline.
Silver (XAG/USD) climbs back above $31.10 but faces resistance. Will buyers push higher, or will selling pressure return?
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.