Gold held near flat, while silver slipped into the weekend.
Gold closed at $4,164.10 (-0.14%); silver finished at $56.87 (-0.76%). Crude surged—WTI above $100 and Brent near $109.86—while Treasury yields recovered modestly toward 5.12%. That offset a softer dollar and safe-haven demand.
Gold couldn’t hold its move toward $4,200 as the tech-led selloff deepened: the Nasdaq fell 2.1% Friday and 4.5% for the week. Markets put the odds of a Fed hold at the Oct. 27–28 meeting near 83% after Warsh’s comments, but sticky inflation and higher energy costs kept December hike concerns alive.
Levels to watch :
🥇Gold: Resistance $4,176 / $4,185–$4,201; support $4,148 / $4,132.
🥈Silver: Resistance $57.39 / $57.86; support $56.78 / $56.34.
Silver remains the weaker leg, more exposed to concerns about industrial demand and restrictive rates. Gold has held up better on safe-haven flows tied to Hormuz and Iran tensions.
Weekend liquidity can be thin, so I’m not chasing resistance.
Cash is a position. NFA.
TRADE $XAU - $XAG HERE👇
XAGUSDT
Perp
Gold closed at $4,164.10 (-0.14%); silver finished at $56.87 (-0.76%). Crude surged—WTI above $100 and Brent near $109.86—while Treasury yields recovered modestly toward 5.12%. That offset a softer dollar and safe-haven demand.
Gold couldn’t hold its move toward $4,200 as the tech-led selloff deepened: the Nasdaq fell 2.1% Friday and 4.5% for the week. Markets put the odds of a Fed hold at the Oct. 27–28 meeting near 83% after Warsh’s comments, but sticky inflation and higher energy costs kept December hike concerns alive.
Levels to watch :
🥇Gold: Resistance $4,176 / $4,185–$4,201; support $4,148 / $4,132.
🥈Silver: Resistance $57.39 / $57.86; support $56.78 / $56.34.
Silver remains the weaker leg, more exposed to concerns about industrial demand and restrictive rates. Gold has held up better on safe-haven flows tied to Hormuz and Iran tensions.
Weekend liquidity can be thin, so I’m not chasing resistance.
Cash is a position. NFA.
TRADE $XAU - $XAG HERE👇
XAGUSDT
Perp
