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Silver prices broke out of multi-week symmetrical triangle to the downside as anticipated, falling to fresh yearly lows.

The losses for silver prices are deepening, suggesting a more significant top is forming.

Silver Price Forecast: Rising Towards Ascending Triangle Resistance - Levels for XAG/USD Advertisement Silver prices have slowly but surely rallying throughout May. Ongoing erosion in US real yields has increased precious metals’ appeal amid a weak US Dollar environment. Recent changes in sentimentsuggest that silver prices have a mixed bias in the near-term. Yields Down, Silver Up The inflation narrative is changing, but the changes may be good for precious metals. As gold prices have rallied sharply in recent days, silver prices have been enjoying a slower but steady march higher througho...

Weekly Technical Gold Price Forecast: Losing Key Uptrend Support Advertisement Weekly Technical Gold Price Forecast: Neutral Gold prices continue to struggle, even as the US Dollar falls back. Risk appetite is surging, reducing demand for the safe haven. China’s Spring Festival Golden Week is under way, meaning that global financial markets may see less trading activity coming out of Asia in the coming days. The IG Client Sentiment Indexsuggests that gold prices in USD-terms (XAU/USD) have a mixed bias. Gold Prices Week in Review Gold prices rebounded last week, but only...

Gold Price Forecast: Key Test as Price Rebounds to Former Support - Levels for XAU/USD Advertisement Gold Price Outlook: Gold prices have rallied sharply in recent days, but they’re not in the clear just yet. Gold prices are struggling to climb back above their daily 5-, 8-, 13-, and 21-EMA envelope, which remains in bearish sequential order. According to the IG Client Sentiment Index, gold prices have a mixed bias. Gold Prices Bounce, but is it Believable? Gold prices lost key technical support last week, but bulls aren’t ready to throw in the towel just yet. With US ...