Category: Metals Market Analysis
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Gold Price Forecast: A Critical Test for the Bulls Ahead – XAUUSD At a 50-Day Moving Average Crossroads
With heightened concerns around inflation and a persistent demand for safe-haven investments, gold has remained in the global financial spotlight. However, as Gold (XAUUSD) fluctuates near its 50-day moving average, the question arises- can the ‘bulls’ successfully defend this crucial level? The 50-day moving average represents an important psychological landmark- offering a benchmark for short-term…
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Silver Price Holds Firm amid Looming Negative Divergence – FXStreet Analysis
As we examine the current climate of the silver market, we note that the price of Silver (XAG/USD) is holding firm amidst looms of negative divergence. This analysis reports on the status of the XAG/USD exchange rate and offers a forecast for its progress. While it remains steadfast now, potential signs point towards a possible…