Trending Gold and Silver

-

The movement of gold may trend more aggressively in the coming months.  The gold recorded around 1740 USD last week and rose by 6.5% in the previous week, many investors have booked profit in order to safeguard their positions.  As per the Fed Chairman Mr. Powell revealed that his early review regarding the jobless claim is expected to be much more higher than its forecast, which may restrict the gold to trend around 1700 USD initially.  It has been often noticed that the movement of the gold use to be range bound whereas the current scenario indicates that it may and also is very much anticipated to go up further upto 1850 USD in the coming month.  Since we all are aware that, due to this current pandemic and amid tension between USA and China, consequential trade war between these two countries may impact economic imbalance resulting in high volatility in the entire market.  We have also noticed during the month of Oct-Dec 2019, the USA and China were in negotiation table for tariff hike by both the countries on their products, the prices of gold was sky rocketing.  It would not be surprising that the gold prices touches 2000 USD mark in the coming 3 months.



Similarly silver can be anticipated to price between 19 - 20 USD in the coming 3 months.  Though we have noticed that silver moves with the gold but last week it has been noticed that the silver gained only 2.2% as compare to gold's 6.6%.   We are well aware that the silver prices were rose to around 19 USD during previous USA and China tariff hike trade war.  The investors are more cautious in silver as compare to gold since the price rise in silver is noticed to be sluggish .  We also know that silver is mainly used for industrial purposes, the demand in silver was dropped due to the current pandemic lockdown.

Comments

Post a Comment

Popular posts from this blog

Gold (XAUUSD) Outlook Today – Updated Forecast (March 2026)

-
Image
Introduction Gold (XAUUSD) is currently showing a strong bullish recovery phase , supported by weakening confidence in aggressive monetary tightening and renewed safe-haven demand. Global investors are closely monitoring inflation trends, geopolitical tensions, and central bank policies to anticipate the next directional move in gold. Market Overview Gold has recently rebounded after testing lower levels near $4430–$4450 , indicating strong buying interest at support zones. The price has stabilized and is attempting to move higher towards key resistance levels. Despite intermittent strength in the US Dollar, gold continues to attract safe-haven flows , especially due to ongoing geopolitical uncertainties and inflation persistence. Key Factors Affecting Gold 1. Buying Pressure – 81% Strong accumulation is visible at lower levels, indicating institutional buying and renewed investor confidence in gold. 2. Selling Pressure – 19% Selling activity has significantly reduced, suggesting that ...
Read more

GBP (GBPUSD) Outlook Today – Grabbing Opportunity?

-
Image
Introduction GBPUSD is currently showing bullish momentum (68%) , supported by strong technical indicators and improving trader sentiment. Despite global uncertainties and USD influence, the British Pound is gaining strength as buyers are stepping in near key support levels. Market Overview GBPUSD has shown a strong recovery from recent lows around 1.3395 , currently stabilizing near the pivot zone. Price is consolidating above support Buyers are gradually dominating the market Breakout structure is forming Intraday volatility remains high, indicating potential sharp moves. Key Factors Affecting GBPUSD 1. US Dollar Strength The US Dollar still holds strength, but recent consolidation has allowed GBP to recover. Any weakening in USD will further boost GBPUSD. 2. Interest Rates Stable UK interest rate outlook is supporting GBP No aggressive tightening → bullish for GBP in short term 3. Inflation Trends Persistent inflation in the UK is supporting currency strength If inflation remains el...
Read more

EURUSD Outlook Today – Advanced Forecast

-
Image
Market Summary EURUSD is currently showing a moderate bullish structure (64%) , supported by improving technical strength and positive trader sentiment. While the US Dollar remains relatively strong, the Euro is stabilizing due to balanced economic expectations and neutral macroeconomic data. Current Market Structure Trend:  Bullish (64%) Market Behavior: Gradual recovery with consolidation Volatility: Moderate (news-driven movement expected) EURUSD is trading near its pivot level, indicating a balanced but slightly bullish bias . Key Market Drivers & Impact Analysis Factor Strength Interpretation Buying Pressure 62% Moderate accumulation supporting upward bias Selling Pressure 38% Some resistance present but not dominant Data Impact 50% Neutral macroeconomic signals Technical Outlook 90% Strong technical structure favoring bullish continuation Geo-Political Impact 40% Limited direct influence on EURUSD Traders Sentiment 76% Positive sentiment supporting gradual uptrend Techn...
Read more