Gold (XAUUSD) & Silver Worth Forecast: Commerce Tensions Gasoline Secure-Haven Rally…
Gold is consolidating round $three,226, following a pointy breakout from the $three,195–$three,245 vary (highlighted zone). The rally seems to be cooling off barely, however consumers are nonetheless in management, with the pivot level holding regular at $three,194. Instant resistance stays at $three,245, with the following barrier at $three,260.
On the flip aspect, a slip beneath $three,195 may open the door to $three,163. The 50 EMA at $three,206 is monitoring the worth carefully, supporting the short-term uptrend, whereas the 200 EMA at $three,131 underpins the broader bullish construction.
So long as value stays above the 50 EMA and $three,195, momentum favors the bulls. However with out contemporary highs quickly, this consolidation might flip right into a pullback.
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