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Gold (XAU/USD) and Silver (XAG/USD) Analysis and Charts Gold breaks higher, resistance yields. Silver rallies by 2% and outperforms gold. DailyFX Economic Calendar Most Read: Gold (XAU/USD) Price Setting Up for a Re-Test of Multi-Month Highs The US dollar is moving back to lows last seen in late August and this is giving the precious
Share: Spot Silver is surging late on Friday, tests 12-week high. XAG/USD pings $24.30 as Silver rebounds, following broad-market risk sentiment higher. Metals are pushing higher with the NY market set for an early close. XAG/USD tapped $24.30 in the back half of Friday’s trading, testing Silver’s highest bids in almost 12 weeks.
Share: Silver oscillates in a narrow trading band for the second successive day on Friday. Bullish oscillators on the daily chart support prospects for some short-term gains. A breakout through an ascending trend line is needed to confirm the bullish bias. Silver (XAG/USD) continues with its struggle to gain any meaningful traction and
SILVER, GOLD OUTLOOK: Gold and silver prices rebound, but their upside is capped by the move in bond yields Palladium sinks to its lowest level in more than 5 years This article explores XAU/USD and XAG/USD’s key technical levels to monitor in the coming trading sessions Trade Smarter – Sign up for the DailyFX Newsletter
Share: Silver remains under some selling for the second straight day and drops closer to the weekly trough. The technical setup favours bearish traders and supports prospects for additional near-term losses. A sustained strength beyond the $23.60-$23.70 supply zone is needed to negate the negative bias. Silver (XAG/USD) drifts lower for the second
Share: Silver price jumps from $22.70 to $23.07, testing crucial resistance at 200-DMA of $23.26. A breach of 200-DMA could expose next resistance levels at $23.69 and Bollinger bands top at $23.80. If Silver falls below $23.00, supports are $22.94, $22.44, and 20-day EMA at $22.25. Silver price jumped above the $23.00 figure
Share: Silver price seesaw from daily high of $23.69 to low of $22.88, closing at $22.81. Key resistance levels at 50-DMA of $22.94 and 200-DMA of $23.29 cap potential rally attempts. Downside support at $23.00, with further levels at the October 26 low of $22.44 and 20-day EMA of $22.21. Silver price (XAG/USD)
© Reuters. Argentina’s presidential candidate Sergio Massa addresses supporters, as he reacts to the results of the presidential election, Argentina October 22, 2023. REUTERS/Mariana Nedelcu By Jorge Otaola and Walter Bianchi BUENOS AIRES (Reuters) – A surprise first place for Argentina’s ruling Peronists in a general election on Sunday could calm market fears about a
Gold and Silver: Near-Term Technical Update Gold and silver prices ready to wrap up a strong week? XAU/USD and XAG/USD still remain broadly bearish What are the key points to watch ahead of the weekend? Recommended by Daniel Dubrovsky Get Your Free Gold Forecast XAU/USD Analysis Gold prices are aiming higher heading into early European
