Silver Price Forecas...from Irie

02 Dec 2025, 20:59 · Views 106

Silver Price Forecast: XAG/USD wavers above $57.00 amid a brighter market mood Silver hesitates above $57.00 after a pullback from record highs at $58.85. An improved market sentiment is weighing on precious metals on Tuesday. Technical indicators suggest that a deeper correction is on the cards. #XAG/USD# #Silver#

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Irie

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XAG/USD

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Pound Sterling holds onto gains against US Dollar amid dovish Fed bets The Pound Sterling continues to outperform its major currency peers since the UK budget announcement. Goldman Sachs expects the Sterling’s rally to be short-lived due to dovish BoE expectations. Weak US labor market conditions bolster the case for an interest rate cut by the Fed next week. #Fed# #pound# #dovish# #UK# #BOE#

Irie

📊 Gold (XAU/USD) 4H Chart Summary – Trader FX Chris - Support Zone: Around 3,889.475 - Resistance Zones: - Mid-level: ~4,199.590 - Upper-level: ~4,251.506 🔼 Trend: Price action shows a recent bullish move, approaching the upper resistance zone. 📈 Forecast: A breakout above 4,251.506 could trigger further upside toward the 4,400.000 level, as indicated by the blue arrow projection. 💡 Implication: Traders may watch for confirmation of breakout momentum or potential rejections

Irie

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Irie

📊 High-Impact U.S. Data to Watch Today 1. 7:00 PM IST – Main Event (Data Cluster) Core PPI: 0.2% PPI: 0.3% Retail Sales: 0.4% Core Retail Sales: 0.3% Retail Control: 0.3% Impact: Strong Sales + Strong PPI → USD ↑, Gold ↓, USTEC/US30 ↓ (rate cut hopes fade). Weak Readings → USD ↓, Gold ↑, Indices ↑. 2. 8:30 PM IST – Consumer Confidence Forecast: 93.5 (Prev: 94.6) Lower confidence may extend USD weakness after initial reaction. 3. Best Instruments to Trade FX: EURUSD, GBPUSD, USDJPY Commodities: XAUUSD (Gold) Indices: USTEC, US30 ✅ Summary The 7 PM PPI + Retail Sales combo is the key driver — second only to NFP in impact. Expect sharp moves across USD, Gold, and indices. Trade the reaction, not the release. #US# #Fed# #KeyData#

Irie

🎢 Six Flags Rises as John Reilly Named New CEO Key Points: Six Flags (NYSE:FUN) stock rose 2% after appointing John Reilly as CEO, effective Dec 8, 2025. Reilly succeeds Richard A. Zimmerman, who is stepping down. He brings 30+ years of amusement-industry experience, including roles at Palace Entertainment, Parques Reunidos, and SeaWorld. Appointment comes after the Six Flags–Cedar Fair merger, a crucial time for the company. Board says Reilly’s expertise will help drive operational improvements and profitable growth. Move follows pressure from activist investor JANA Partners and NFL star Travis Kelce on improving performance. Reilly will also join the Board of Directors when he takes over. #Fed# #NYSE##NewCEO

Irie