August 15, 2026
🥇 📊 Intra-Day Market Overview
Gold (XAU/USD) and Silver (XAG/USD) are trading lower as traders lock in profits following softer-than-expected U.S. PPI data.
💰 Gold: $4,350.30/oz (-1.30%)
🥈 Silver: $64.32/oz (-1.36%)
The 15-minute charts suggest a range-bound to mildly bearish trend as markets await fresh economic catalysts while geopolitical uncertainty continues to provide longer-term support.
📈 15-Minute Technical Highlights
🟡 Gold (XAU/USD)
🔺 Resistance: $4,366 – $4,380
🟢 Support: $4,350
📉 Next Support: $4,339
Gold has rejected the $4,366–$4,380 resistance zone, keeping the short-term bias slightly bearish below $4,365.
📌 Trading Ideas
🔻 Bearish Scenario
Sell on a confirmed break below $4,350
🎯 Targets: $4,339 → $4,325
🛑 Stop Loss: $4,358
🟢 Bullish Rebound
Watch for bullish reversal candles near $4,350
🎯 Target: $4,364
🛑 Stop Loss: $4,345
🥈 Silver (XAG/USD)
Silver continues to mirror gold's weakness after slipping from $65.46 to $64.32.
🔺 Resistance: $64.44 – $64.48
🟢 Support: $63.53
📌 Trading Idea
🔻 Look for selling opportunities if price fails to break above $64.45.
🎯 Target: $63.53
🛑 Stop Loss: $64.80
🌍 Key Market Drivers
📉 Cooling Inflation: Softer U.S. inflation data has reduced expectations for aggressive Federal Reserve policy, leading to short-term profit-taking in precious metals.
🏦 Central Bank Demand: Gold continues to receive strong long-term support from central bank buying, helping limit downside pressure.
⚡ Silver Fundamentals: Growing demand from EVs, renewable energy, and AI infrastructure remains supportive for silver despite today's pullback.
🎯 Key Levels to Watch
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