goldandsilvers

China's Absence: The closure of the Shanghai Gold Exchange for the Lunar New Year (Feb 16–23) has removed a major source of global demand and liquidity, leading to increased price volatility.
Federal Reserve Outlook: Traders are awaiting the upcoming FOMC minutes and U.S. GDP data for clearer signals on potential interest rate cuts, which are currently anticipated to begin around July 2026.
Industrial Demand: Despite the current "paper market" correction, silver remains structurally supported by long-term demand from the AI and solar energy sectors.
Technical Support: Analysts are watching the $4,900 level for gold as a critical near-term support zone. A sustained break below this could signal further bearish momentum toward the $4,400–$4,500 range.
AI responses may include mistakes. For financial advice, consult a professional.
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