Gold posted a potentially bearish outside day after hitting a record high, signaling potential consolidation or pullback as momentum cools near key short-term support levels. Bearish Outside Day Signals Potential Short-Term Pullback A bearish outside day triggered in gold on Thursday, setting the stage for a possible pullback to lower prices or consolidation. The precious metal is set to have its first down day in nine days and end the pattern of higher daily lows that partially defines the short-term uptrend. Thursday’s session began with a breakout to a new record high of $5,598, before sellers took back control and drove the price below Thursday’s low to $5,101.
Expanded Daily Range Points to Rising Volatility
Heightened volatility seen in the relatively large range day Thursday, shows price discovery expanding the price range. This implies that consolidation within the day’s range may occur before a resolution out of the daily range. Given key short-term support represented by the rising 10-day average at $4,970, a correction could complete as consolidation. Once the average touches price, the chance for a move increases, as that will complete a successful test of support. And it would be the first test of the 10-day line since January 16. Retaining dynamic support at the 10-day average, followed by strength, would go a long way to preparing for a continuation of the bull trend.
10-Day Average Becomes Key Near-Term Support Several upside targets were exceeded earlier this week until a 341.4% (√2 + 2) extension of the October pullback at $5,576 was hit Thursday. That was shortly followed by a selloff resulting in an outside day. It is also interesting to note that Thursday is set to have the first lower daily close since the January 19 breakout. Fibonacci Extension Marks Possible Exhaustion Point The strength or weakness shown by this week’s closing price may shed some light on momentum. This week’s range is $4,990 to $5,598. Where the weekly closing price is relative to the range may add information about underlying strength or weakness. Although initial downside targets start with the 10-day average, the larger view shows the possibility of the drop to prior highs at $4,537, especially since the 10-week average is nearby at $4,536. Pullback Viewed as Healthy Within Broader Uptrend A correction of some degree, with either a pullback or range-bound price action, would be healthy for the long-term trend. And if support is retained above the 10-day average, the expectation is for a resolution to the upside, new trend highs. If you’d like to know more about how to trade gold and silver, please visit our educational area. #Silver #GOLD #Binance #TradingCommunity #bitcoin
CoinQuestFamily Best Profitable Strategy on Binance Using WR Indicator....
Guys, try this indicator. Most of the time, this indicator helps in getting profits but you cannot say it is 100 percent accurate.
The strategy explained in the video is based on the WR indicator, also known as Williams Percent Range. It is a simple tool that helps traders understand when the market is overbought or oversold.
The WR indicator moves between 0 and minus 100.
When WR goes near minus 80 or below, the market is considered oversold. When WR goes near minus 20 or above, the market is considered overbought.
This strategy works better on spot trading or low-leverage futures.
How it works in a simple way:
First, add the WR indicator on your chart. Default settings are fine.
When the market is falling and WR reaches the oversold zone near minus 80, do not enter immediately. Wait for WR to turn upward and for price to hold support. Then you can look for a buy.
For selling or shorting, when the market is rising and WR reaches the overbought zone near minus 20, again do not rush. Wait for WR to turn downward and price to show resistance.
This strategy is not made to catch exact tops or bottoms. It is made for timing entries with confirmation.
Risk management is very important. Always use a stop loss. Risk small. One wrong trade should never damage your account.
This indicator works best when you also respect trend direction and simple support and resistance. Avoid sideways and choppy markets.
And remember clearly: you cannot say this strategy is 100 percent accurate. No indicator is perfect.
WR helps with decision-making, not guarantees.
Used with patience and discipline, it can be a solid tool on Binance.
No shortcuts. No fake promises. Just control, structure, and consistency.
Understanding the Shift No One Is Talking About.... Everyone’s talking about gold right now. Gold at record highs. Gold in the news. Gold being called the ultimate safe haven again.
But while gold takes the spotlight, silver has quietly started telling its own story. And if history has taught us anything, silver doesn’t speak first it speaks louder later. This article isn’t about hype or calling tops. It’s about understanding cycles, structure, and behavior and asking the right question at the right time.
🥈 1. What’s Happening With Silver Right Now? Silver has moved from being ignored to being impossible to ignore. Prices have accelerated sharply, ETF demand has surged, and physical supply has tightened globally. This move isn’t happening in isolation. It’s happening alongside: A mature gold bull cycle Rising industrial demand Tight supply conditions Shifting macro policy expectations Silver today sits at the intersection of fear and growth something gold doesn’t fully capture anymore.
📜 2. How Silver Traditionally Behaves (Very Important) Silver has never behaved like gold. Gold: Leads in uncertainty Moves steadily Acts purely as a hedge Silver: Lags at first Then accelerates Mixes hedge + industrial demand Historically, silver wakes up after gold has already convinced the market that something is wrong. This is why silver often delivers: Bigger percentage moves More volatility More emotional reactions Not because it’s weaker but because it’s dual-purpose.
📈 3. The Industrial Demand Story (The Real Difference) This is where silver separates itself completely from gold. Over 60% of silver demand now comes from industrial usage: Solar panels Electric vehicles Semiconductors Power grids Medical and precision electronics Silver is not optional in these industries it’s irreplaceable at scale. As the world electrifies, digitizes, and transitions toward renewable energy, silver demand becomes structural, not cyclical. Gold does not have this advantage.
⚠️ 4. Supply Isn’t Responding Fast Enough Here’s the problem supply. Most people assume higher prices bring higher production. That’s not true for silver. Why? Most silver is mined as a by-product of copper, lead, and zinc Miners don’t increase silver output just because silver rallies New mines take years to come online As a result, the silver market has faced multiple consecutive annual supply deficits. Demand is rising. Supply is slow. That imbalance matters.
🧠 5. Macro Environment Why Silver Is Being Repriced Silver doesn’t move alone. It reacts to macro pressure. Key forces at play: Expectations of easier monetary policy Pressure on real yields Rising government debt Currency debasement concerns When real yields fall, non-yielding assets like metals become attractive. But silver gets extra fuel from industrial expansion. Gold benefits from fear. Silver benefits from fear + growth.
🔢 6. The Gold–Silver Ratio (Quiet Signal) The gold–silver ratio measures how many ounces of silver equal one ounce of gold. Historically: Average range: ~60–70 Extreme highs: Silver undervalued Falling ratio: Silver catching up Recently, this ratio has compressed signaling that silver is no longer asleep. This doesn’t guarantee upside but historically, major silver moves begin here.
⚖️ 7. The Debate Opportunity vs Risk Let’s be balanced. The Bull Case: Structural supply deficits Rising ETF participation Industrial demand growth Ratio compression The Risk Case: Silver is volatile Sharp pullbacks are normal Industrial slowdowns can hit demand Late-stage hype can exaggerate moves Silver is not a straight-line asset. It never has been. That’s why understanding context matters more than price alone.
🧩 8. So… Is Silver Tomorrow’s Gold? Not exactly. Gold is a pure store of value. Silver is a hybrid asset part hedge, part industrial engine. That means: Silver can outperform gold Silver can underperform sharply Silver reacts faster ,in both directions Right now, silver isn’t replacing gold. It’s entering a phase gold has already passed. Final Thoughts (Read This Slowly) Gold had its moment when fear dominated. Silver may have its moment where fear meets necessity. This doesn’t mean silver will move forever. Cycles still apply. Volatility is guaranteed. But structurally, silver today is standing in a place gold once stood noticed late, understood slowly, and questioned right before it matters most. The question isn’t whether silver will move. The real question is: When markets rotate… will silver already be gone before most people notice? #Silver #GOLD #Binance #CZ #StrategyBTCPurchase
The US Federal Reserve pauses interest rate cuts keeping rates between three point five and three point seven five percent
US Federal Reserve Chair Jerome Powell says the US national debt now at thirty eight point five trillion dollars is not sustainable in the long term
Powell also states that the Federal Reserve must remain independent and should not be controlled by elected officials
Meanwhile the White House is preparing to meet with major cryptocurrency and banking executives next week to discuss crypto market structure and future regulation
Together these signals highlight growing pressure on the US financial system while crypto policy continues moving closer to the center of government decision making.