Gold & Silver Enter High-Volatility Zone — What’s Next for Precious Metals? 💰
After an explosive rally that sent both Gold and Silver to new all-time highs, the metals are now showing signs of fatigue. Gold has retreated nearly 5% from its $4,377 peak, while Silver has pulled back sharply from $54.55 to $48.78.
📉 The Market Mood:
Opinions among traders couldn’t be more split —
🟢 Optimists believe this correction is a healthy breather before the next leg up, fueled by persistent inflation concerns and expectations of central bank rate cuts.
🔴 Skeptics, however, see it as a warning shot — the start of a larger downturn as investors rotate out of safe havens into risk assets.
📊 Technical Outlook:
Gold: Holding above $4,050–$4,100 remains crucial for bulls; a break above $4,250–$4,300 could re-ignite momentum.
Silver: Watching $48 for key support; resistance seen near $51.50.