Gold (XAU) Silver (XAG) Every day Forecast: Fed Coverage Uncertainty Stalls Market Rebound…
Gold (XAU/USD) is buying and selling at $2,651.40, down zero.05%, because the market hovers close to essential ranges. The pivot level at $2,647.85 stays the road within the sand—bullish sentiment holds above this mark, whereas a break decrease may set off sharper promoting strain. Instant resistance sits at $2,672.71, adopted by the following key barrier at $2,693.50.
Technical indicators present blended alerts. The 50 EMA at $2,666.98 and the 200 EMA at $2,661.33 stay simply above present costs, performing as overhead resistance. Nonetheless, the upward trendline continues to assist the potential for a rebound above $2,647.85.
In brief, Gold’s momentum hinges on holding the pivot stage. A sustained transfer above may goal larger ranges, whereas a break beneath shifts focus to assist at $2,623.73.
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