Price Rejected at 20-Day MA – Bearish The 20-day MA line recently indicated dynamic support for the uptrend, and was…
Daily US Dollar Index (DXY) The US dollar index fell 0.4%, lending support to gold by making it more attractive…
Declines below key levels are bearish Although last week's rally was sustained and saw gold prices regain an ascending trend…
Successful test of 20-day MA resistance is bearish While silver is encountering resistance just below both the 20-day and 50-day…
How does market sentiment affect silver? Profit-taking after last week's strong rally is weighing on silver, which posted its best…
Daily interest rates on 10-year US Treasury bonds U.S. Treasury yields have also risen in response to anticipation of fiscal…
The bearish momentum is accelerating Given the accelerating downward momentum we're seeing today, it appears gold is headed for a…
Daily interest rates on 10-year US Treasury bonds US Treasury yields showed limited movement on Thursday after a post-election rally.…
Breakdown in process Yesterday, gold fell below a short trendline that marks trend support for a tight consolidation pattern over…
Gold – Chart Gold (XAU/USD) is trading around $2,727.97, down 0.29% on the day. It is currently testing the pivot…
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