XAGUSD (Silver Analysis)
Silver Struggles Below $33 – Can Bulls Regain Control?
Silver consolidates under $32.98 resistance with Supertrend turning bearish. Breakout above $32.98 needed for upside toward $34; downside risks remain.
XAGUSD (Silver) is currently trading below the key $32.98 resistance, following a failed breakout attempt. The market is showing consolidation behavior between $32.52 support and $32.98 overhead resistance, reflecting indecision and a loss of bullish momentum.
The Supertrend indicator has flipped bearish, suggesting that sellers remain in control for now. Unless price reclaims the $32.98–$33.10 zone, a move toward $32.00 or even $31.50 remains likely. A confirmed breakout above $32.98, however, could reintroduce bullish strength and open the way toward $33.77 and $34.22—both recent reaction highs.
Momentum indicators such as the RSI remain subdued, lacking confirmation for a new leg higher. Bulls need to reclaim key levels with volume and strength to shift sentiment back to the upside
XAUUSD (Gold Analysis)
Gold Stalls Below $3,310 – Reclaim or Reject?
XAU/USD trades under $3,310 resistance. RSI at 47.91 signals indecision. Breakout could target $3,357–$3,378, while rejection eyes $3,245–$3,148.
XAU/USD is hovering just below the $3,310 pivot, testing the $3,258–$3,310 resistance block, where former support has turned into supply. The price has yet to decisively reclaim the $3,310 level, which maintains a slightly bearish bias unless a breakout occurs. If bulls fail to overcome this area, downside targets at $3,245 and $3,148 may come into play. On the flip side, a confirmed break above $3,310 would pave the way toward $3,357 and $3,378. The RSI remains neutral at 47.91, while the Supertrend indicator is still bearish, making the current resistance zone a critical area to watch.
GBPUSD (British Pound Analysis)
GBP/USD at Decision Point – Range Break Ahead?
GBP/USD stuck between 1.3290–1.3400. A breakout above could trigger fresh bullish momentum; breakdown risks drop to 1.3015. RSI and trend neutral.
GBPUSD (British Pound) remains range-bound, consolidating between 1.3290 support and 1.3377–1.3400 resistance. This tight structure highlights market indecision, with RSI hovering flat near 46, indicating lack of directional momentum.
A break below 1.3290 could expose 1.3015 and 1.2865 as bearish downside targets. Conversely, a decisive breakout above 1.3377 may reintroduce bullish strength, with upside potential toward 1.3400 and higher.
The Supertrend has flipped red, reinforcing short-term bearish pressure, unless invalidated by strong bullish candles. This is a key inflection area for trend confirmation or reversal.
EURUSD (Euro Analysis)
EURUSD Struggles Below Bearish Cloud Resistance
EURUSD is testing the lower boundary of the bearish cloud near 1.1390–1.1402 resistance. Price structure remains broadly neutral, fluctuating within the 1.1260 to 1.1473 range. Bulls must reclaim the 1.1402 resistance zone for a sustainable push toward 1.1473. On the flip side, a breakdown below 1.1330 could trigger a revisit of the 1.1260 support. RSI is slightly bullish at 51.20, but still below overbought territory, while the Supertrend remains red, indicating lingering bearish bias unless a breakout occurs.
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