Gold (XAUUSD) & Silver Worth Forecast: Bullion Stalls as Fed Indicators Warning…

Gold has pulled again from its latest excessive of $three,356 after a formidable run, now buying and selling close to $three,329. Assist is forming across the 23.6% Fibonacci degree at $three,322, whereas deeper help lies close to $three,301 and $three,284.

On the upside, bulls are eyeing a retest of $three,356, with breakout potential towards $three,377 and $three,398. The 50 EMA at $three,250 is sloping upward, signaling that the broader uptrend stays intact for now.

So long as costs keep above $three,301, this seems to be like a wholesome correction. However a drop beneath $three,284 would possibly shift the tone short-term. Proper now, gold’s nonetheless glimmering—nevertheless it’s pausing to catch its breath.

Silver (XAG/USD) Worth Forecast: Technical Outlook