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Tag: Resistance
Silver (XAG) Daily Forecast: Can Declining Yields Push Prices Beyond $32.30 Resistance?
Silver boosted by falling yields and weak production On the economic front, silver has benefited from a significant decline in…
Silver Price Forecast: Pullback Holds Support, but Caution Remains Amid Resistance
Issues surrounding the 20-day MA If last week's low holds as support, the bullish technical outlook for silver should continue…
Gold (XAU) Daily Forecast: Will $2,630 Resistance Break with CPI Data in Focus?
Gold finds support despite strong dollar The recent rise in gold prices comes against the backdrop of escalating tensions in…
Silver Price Forecast – Silver Continues to See Overhead Resistance
Inflation isn't going anywhere, and that helps both gold and silver, and that's why I think you have to look…
Gold Price Forecast: Reaches New High, Bullish Momentum Weakens at Resistance
Potential resistance zone reached Gold has been trading in a potential resistance zone since Tuesday's advance hit targets for two…
Silver (XAG) Forecast: Fed Cuts Fuel Rally – Will $32 Resistance Break?
Daily Silver (XAG/USD) Technical levels: support and resistance in focus The precious metal is currently finding minor support at the…
Silver Price Forecast: Advance Stalls Near Trendline Resistance
Stalls at Trendline Last week's high hit an initial target for a rising ABCD pattern (purple) and that appears to…
Silver (XAG) Daily Forecast: Can PBoC Liquidity Drive Silver Prices Above $32 Resistance?
The recent 50 basis point rate cut by the Federal Reserve has further strengthened silver's appeal as a non-interest bearing…