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Tag: Momentum
Gold News: Could Weak Jobs Data Revive Gold’s Bullish Momentum?
Daily interest rates on 10-year US Treasury bonds U.S. Treasury yields rose slightly on Thursday as markets digested a weaker-than-expected…
Silver (XAG) Forecast: $30.61 Breach Ignites Momentum, but Resistance Looms
Daily Silver (XAG/USD) Silver's upward move is meeting resistance at $31.29, $31.54 and the 50-day moving average at $31.74. However,…
Gold Price Forecast: Faces Bearish Momentum After Bullish Reversal Falters
Price Rejected at 20-Day MA – Bearish The 20-day MA line recently indicated dynamic support for the uptrend, and was…
Gold Price Forecast: Recovery Eyes 50-Day MA Amid Bullish Momentum
Countertrend rally progress It appears that gold has completed a swing low with last week's low at 2,537. A bullish…
Gold Price Forecast: Plunges Below Key Levels as Bearish Momentum Builds
The bearish momentum is accelerating Given the accelerating downward momentum we're seeing today, it appears gold is headed for a…
Silver (XAG) Daily Forecast: Will $33 Pivot Break Drive Bullish Momentum?
Analysts expect further support for silver prices as the US Federal Reserve is widely expected to announce a 25 basis…
Gold Price Forecast: Bullish Momentum Builds in Gold as New Resistance Looms
Bullish Channel Breakout Confirmed An initial channel breakout was activated yesterday and the day closed above the channel line. As…
Gold (XAU) Price Forecast: Bullish Momentum Holds, But Is a Pullback Looming?
At 10:50 GMT, XAU/USD is trading $2750.40, up $1.45 or +0.05%. Rising interest rates and uncertainty at the Fed support…
Silver (XAG) Forecast: Prices Retreat After Recent Highs, Can the Rally Regain Momentum?
At 11:19 GMT, XAG/USD is trading $34.61, down $0.25 or -0.72%. Yields on government bonds are rising, increasing pressure on…
Silver (XAG) Daily Forecast: Bullish Momentum Holds Above $34.50 Support
Traditionally seen as a hedge against economic uncertainty, silver has become an attractive asset for those seeking stability ahead of…