đ„ GOLD +1.8% | đ„SILVER +3.6%
Post-Fed rebound, not a regime change.
Spot gold bounced back above $4,340 (~$4,341, +1.83%).
Silver ripped to ~$65.12 (+3.59%).
What actually moved the metals Thursday:
âą Softer USD
âą Oil pullback (WTI ~$101.91 / Brent ~$104.82)
âą 10Y yield eased to 4.93% from 5.01%
The Fed still hiked 25 bps to 3.75%â4.00% and left the door open for another hike. Medium-term rates stay restrictive. Yesterdayâs rally happened because oil + yields gave gold a temporary pass â not because policy flipped dovish.
Geopolitics: Hormuz supply fears eased a bit as extra crude moved via Oman. That cooled inflation pressure and helped both metals and equities. Conflict is NOT resolved. Oil still has a geopolitical floor, which keeps a background bid under bullion.
đ Technicals (not a full reset yet) :
Gold
đș Bulls need a sustained break above $4,354 â $4,403 then $4,434
đ» Bears: lose $4,283 â $4,256 then $4,216
First res: $4,354 / $4,403
First sup: $4,283 / $4,256
Silver
đș Bulls need $65.73 â $66.99 then $68.17
đ» Bears: lose $63.44 â $62.38 then $62.06
First res: $65.73 / $66.99
First sup: $63.44 / $62.38
âïž Weekend trader note
This is a relief bounce after the first hike in 3+ years.
Donât chase the green candle.
Gold stays constructive only while oil and yields stay soft.
A fresh jump in crude or 10Y back above 5% can fade this move fast.
Bias into Friday / weekend:
âą Hold longs only if gold holds above $4,330â4,340 and silver above $64.80
âą Fade strength into $4,354 / $65.73 unless those levels break and hold
âą Size down. Weekend headline risk (oil / Hormuz / rates) is real.
NFA. Confirm live prices. Trade the levels, not the narrative.
đTRADE $XAU OR $XAG HEREđ
Post-Fed rebound, not a regime change.
Spot gold bounced back above $4,340 (~$4,341, +1.83%).
Silver ripped to ~$65.12 (+3.59%).
What actually moved the metals Thursday:
âą Softer USD
âą Oil pullback (WTI ~$101.91 / Brent ~$104.82)
âą 10Y yield eased to 4.93% from 5.01%
The Fed still hiked 25 bps to 3.75%â4.00% and left the door open for another hike. Medium-term rates stay restrictive. Yesterdayâs rally happened because oil + yields gave gold a temporary pass â not because policy flipped dovish.
Geopolitics: Hormuz supply fears eased a bit as extra crude moved via Oman. That cooled inflation pressure and helped both metals and equities. Conflict is NOT resolved. Oil still has a geopolitical floor, which keeps a background bid under bullion.
đ Technicals (not a full reset yet) :
Gold
đș Bulls need a sustained break above $4,354 â $4,403 then $4,434
đ» Bears: lose $4,283 â $4,256 then $4,216
First res: $4,354 / $4,403
First sup: $4,283 / $4,256
Silver
đș Bulls need $65.73 â $66.99 then $68.17
đ» Bears: lose $63.44 â $62.38 then $62.06
First res: $65.73 / $66.99
First sup: $63.44 / $62.38
âïž Weekend trader note
This is a relief bounce after the first hike in 3+ years.
Donât chase the green candle.
Gold stays constructive only while oil and yields stay soft.
A fresh jump in crude or 10Y back above 5% can fade this move fast.
Bias into Friday / weekend:
âą Hold longs only if gold holds above $4,330â4,340 and silver above $64.80
âą Fade strength into $4,354 / $65.73 unless those levels break and hold
âą Size down. Weekend headline risk (oil / Hormuz / rates) is real.
NFA. Confirm live prices. Trade the levels, not the narrative.
đTRADE $XAU OR $XAG HEREđ
