Gold, Silver Price Action Setups Ahead of US CPI
Continued disinflation at the current Fed funds rate means real interest rates may soon attract flows away from gold despite aggressive rate cuts. Silver, gold prices analysed
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Continued disinflation at the current Fed funds rate means real interest rates may soon attract flows away from gold despite aggressive rate cuts. Silver, gold prices analysed
Silver sell-off stalls but remains in play ahead of the confluence zone of support around 23.20
Silver approaches a confluence zone of support as last week’s selling continues at a slower pace. Longer-term uptrend remains intact
Silver, much like gold, has had a tough time of late. Dropping like a stone from a well-defined zone of resistance, now attempting to find its feet at prior support
Gold and silver enjoyed months of price appreciation as the USD selloff took shape. Silver appears to be cooling faster although, XAU/USD faces stern resistance at 1875