Gold has dropped below 4000.
Silver is also continuing to slide, hitting a low of 58.17.
$XAU $XAG $XAUT
#白银跌破60 #黄金失守4000
Tonight's real anchor is gold.
With gold breaking below 4000, it shows that the pressure on this precious metal line hasn't been fully released.
Silver is dropping even harder, which is to be expected. It's naturally a high-volatility asset; when gold weakens, silver usually amplifies the volatility.
The pressure in the market is quite clear:
The US dollar is still strong.
Interest rate expectations are still weighing down.
Ahead of the PCE data, funds are reluctant to bet on a rebound in precious metals.
For silver, I'm looking at:
Support: 58.20 / 57.60 / 56.20 / 55.00
Resistance: 58.80 / 59.60 / 60.20 / 60.80
For gold, it's even more critical:
Support: 3980 / 3950 / 3900 / 3850
Resistance: 4000 / 4025 / 4050 / 4075
Right now, the most important thing isn't whether silver can bounce back immediately,
but whether gold can reclaim the 4000 level.
If gold can't get back above 4000, the bounce in silver is likely to be weak.
If gold can quickly recapture 4000, then we’ll see if silver can return to the 58.80–59.60 range.
Tonight's trade is crucial:
Gold is the anchor.
Silver is the elastic.
Until the anchor is stable, the elasticity will only increase.
Silver is also continuing to slide, hitting a low of 58.17.
$XAU $XAG $XAUT
#白银跌破60 #黄金失守4000
Tonight's real anchor is gold.
With gold breaking below 4000, it shows that the pressure on this precious metal line hasn't been fully released.
Silver is dropping even harder, which is to be expected. It's naturally a high-volatility asset; when gold weakens, silver usually amplifies the volatility.
The pressure in the market is quite clear:
The US dollar is still strong.
Interest rate expectations are still weighing down.
Ahead of the PCE data, funds are reluctant to bet on a rebound in precious metals.
For silver, I'm looking at:
Support: 58.20 / 57.60 / 56.20 / 55.00
Resistance: 58.80 / 59.60 / 60.20 / 60.80
For gold, it's even more critical:
Support: 3980 / 3950 / 3900 / 3850
Resistance: 4000 / 4025 / 4050 / 4075
Right now, the most important thing isn't whether silver can bounce back immediately,
but whether gold can reclaim the 4000 level.
If gold can't get back above 4000, the bounce in silver is likely to be weak.
If gold can quickly recapture 4000, then we’ll see if silver can return to the 58.80–59.60 range.
Tonight's trade is crucial:
Gold is the anchor.
Silver is the elastic.
Until the anchor is stable, the elasticity will only increase.