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Tag: Pivot
Silver Forecast: Traders Absorbing NFP Numbers While Straddling Pivot
Daily Silver (XAG/USD) A sustained move above $31.29 could generate new buying interest, but traders are encountering resistance at the…
Silver (XAG) Forecast: $30.60 Pivot Holds as Market Awaits Powell’s Rate Clues
Daily Silver (XAG/USD) Silver continues to trade within a narrow range of $2.00, with $30.60 serving as a key pivot…
Silver (XAG) Forecast: As Jobs Report Looms, Can $30.44 Pivot Steer Silver Higher?
Weekly US Dollar Index (DXY) The US Dollar Index (DXY) reached a high of 108.071 earlier this month before retreating…
Silver (XAG) Forecast: Short-Term Outlook Hinges on PCE Data and $30.61 Pivot
Upside resistance includes $31.29, followed by the minor top at $31.54 and the 50-day moving average. A move below $30.61…
Silver (XAG) Daily Forecast: AI and Green Energy Drive Demand Above $30.63 Pivot
Historically, silver has performed strongly during rate cut cycles. Peter Krauth, author of The great silver bullhighlights that silver prices…
Gold (XAU) Daily Forecast: Will $2,626 Pivot Spark a Breakout or Pullback?
Speculation about Fed rate cuts is taking center stage Investor attention is now firmly focused on the Federal Reserve, with…
Gold (XAU) Daily Forecast: Dollar Stalls, Can Prices Break Above $2,590 Pivot?
Gold – Chart Gold (XAU/USD) is currently trading at $2,585.92, up 0.91% on the day, and is showing signs of…
Gold (XAU) Daily Forecast: Will $2,571 Pivot Hold Amid Strong Dollar Pressure?
Gold – Chart Gold is trading at $2,560.68, down 0.16% while hovering below the pivot point at $2,571.81, indicating a…
Gold (XAU) Daily Forecast: $2,744 Pivot Holds—Will Fed Rate Cut Fuel Gains?
Gold – Chart Gold (XAU/USD) is trading at $2,738.77, up modestly 0.08%, and is just below a key pivot point…
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…