Silver

XAGUSD has seen a progressive double top in the last 6 months of trading, with another test looking likely. The recent headlines surrounding the metal led prices to another attempt at the high $29 level. Since the latest pullback, bulls…

Gold The gold market saw its biggest price move in around a month this week as sellers drove price down from highs of around 1875 at the start of the week to sub-1790 as of writing. The catalyst behind the move was the uptick in US…

Gold Gold prices have been lower over the week following a strong sell-off on Wednesday. The market shed 2.4% in response to the move higher in the dollar midweek. The risk sentiment backdrop has generally remained against gold this…

Gold After seeing heavy selling over recent weeks, gold prices saw a resurgent demand this week. Price rallied off the 1764 lows to trade back up to around 1806 as of writing. The rise in gold prices this week is more a reflection of a…

For the best part of two years, silver was trading in a descending channel until the recent risk-off sentiment buoyed the metal market. Prices then rose to yearly highs, breaking clear of all resistance handles and leading to a top at…

Despite silver trading within the lower zone of the regression channel, the chances of breaking to new multi-month highs are increasing. Bulls could be attracted to the confluence level near the $18.50 area. There, the median trendline…

Gold Gold prices have come under pressure again this week amidst a firm rally in risk assets. Better global risk sentiment, which has seen equities indices trading in the green across the week, has weighed on gold. A firmer USD has also…