Strong Momentum Across Major Assets

Strong Momentum Across Major Assets

XAGUSD

Silver Eyes $33.37 Breakout – Momentum Builds Above $31.80

Silver rises toward $33.37 with bullish momentum. RSI >60 supports trend. Breakout may target $34.21, while $32.00 remains key support.

Silver (XAG/USD) is approaching the $33.37 resistance after a strong rebound from the $31.35–$31.80 support cluster. The recent price action reflects a clear bullish structure, with candles respecting a green trend-following band (such as SuperTrend). The RSI climbing above 60 confirms growing upside momentum without being overbought. A breakout above $33.37 could spark a rally toward the $34.21 high, while failure to clear resistance may trigger a pullback toward $32.00 for further consolidation.

XAUUSD

Gold Surges Above $3,357 – Bulls Unshaken Despite RSI 78+

Gold breaks past $3,357 and tests $3,380. RSI at 78.93 signals overbought, but momentum remains strong. Support at $3,295–3,245 in focus on pullbacks.

Gold (XAU/USD) continues its parabolic rally, breaking decisively above the $3,357 resistance and hovering near $3,380. The trend indicator remains bullish, with no signs of reversal yet. However, RSI is overbought at 78.93, suggesting a near-term pullback or consolidation could emerge. As long as price holds above the $3,295–$3,245 support zone, the structure favors bulls. A clear breakdown below $3,148, however, would weaken the current trend and open the door for deeper corrections.

GBPUSD

GBP/USD Breaks Above 1.3290 – Bulls Push Toward 1.34

GBP/USD breaks 1.3290 and trades near 1.3388. RSI at 78.42 signals overbought, but trend remains strong. Watch 1.3275 as key support on pullbacks.

GBP/USD has broken decisively above the 1.3290 resistance zone, extending gains toward 1.3388 with a bullish market structure supported by higher highs and higher lows. The green trend-following cloud remains intact, and RSI stands at 78.42, indicating overbought conditions, though no bearish divergence is present. This suggests the rally may continue in the short term. If a pullback occurs, 1.3275 will serve as the first support to monitor for bullish continuation.

EURUSD

EUR/USD Breaks Above 1.1470 – Bulls Target 1.1600 Next

EUR/USD trades at 1.1523 after breakout above 1.1470. RSI at 74.92 confirms strong momentum. Trend stays bullish with next target near 1.1600.

EUR/USD has confirmed a bullish breakout above the 1.1470 resistance, now trading at 1.1523. The move follows a solid base formation above 1.1300, and the RSI at 74.92 reflects strong upside momentum. The green trend-following band continues to support the uptrend with no signs of weakening. As long as price holds above 1.1470, the next bullish target lies at 1.1600, with further upside potential beyond that level if momentum persists.