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Silver Price Analysis: XAG/USD pulls back as dark cloud cover loom
Silver retreats to $28.09, unable to hold above the crucial $29 mark, indicating potential further declines. The 'dark cloud cover' technical pattern suggests vulnerability and possible downward movement. Focus remains on silver's ability to sustain above the $28.00 threshold, with key support and r
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Americans converge on the path of totality to experience the solar eclipse
Today marks a total solar eclipse that is expected to cross the United States as millions of Americans try to position themselves in the path of totality to capture this celestial moment. The next time an eclipse of this magnitude will cross the U.S. will be on Aug. 23, 2044. Towns in the path of to
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XAU/USD outlook: Gold hits new record high above $2,300
XAU/USD Gold continues to trend higher and posted new record high ($2354) in early Monday trading, in extension of last week’s 4% advance, which generated strong bullish signal on weekly close above psychological $2300 barrier. The metal remains well supported by strong safe-haven demand, as well as
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Gold price extends record-setting run despite reduced Fed rate cut bets, positive risk tone
Gold price builds on the recent breakout momentum and touches a fresh record high on Monday. Reduced bets for a June Fed rate cut underpin the USD and might cap gains amid the risk-on mood. Dip-buying should limit any corrective slide ahead of the US CPI and the FOMC minutes this week. Gold price (X
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Pull-up Update