Gold and Silver price Alert!
That was massive! silver touches too many times in recent 3-4 days at 53.1, even 1 time it break 53 support and touches neatest strongest support which is 52.80 but support push back silver towards 54 dollars, as per my analysis silver is trading in strongest buying zone. Here too many traders buy silver so that's why silver push back really hard. But...
In recent news which is good for silver that after touches oil prices over 103 dollars, FED still hold their previous rates, before this wall street send some signals that fed raise rates almost 0.5%, but fed want to hold their rates for 2-3 months. But if oil prices jump more and government forced fed to raise some rates then what happed woth gold and silver if they are in that zone.
Gold drops below 3800 and touches 3750, silver drops below 50 dollars and maybe touches 48 dollars again, but fed continues with these rates then silver again push back towards 58 dollars and gold going for 4500. But till now silver and gold is trading in strongest buying zone. If you buy silver or gold here and waiting for fed cut rates which is possible in January to May, then gold trade above 6000, and silver above 150 dollars. bold claim but possible...
Thankyou
$XAU
$XAG
#FOMCWatch #GOLD #XAGUSDT实操指南
That was massive! silver touches too many times in recent 3-4 days at 53.1, even 1 time it break 53 support and touches neatest strongest support which is 52.80 but support push back silver towards 54 dollars, as per my analysis silver is trading in strongest buying zone. Here too many traders buy silver so that's why silver push back really hard. But...
In recent news which is good for silver that after touches oil prices over 103 dollars, FED still hold their previous rates, before this wall street send some signals that fed raise rates almost 0.5%, but fed want to hold their rates for 2-3 months. But if oil prices jump more and government forced fed to raise some rates then what happed woth gold and silver if they are in that zone.
Gold drops below 3800 and touches 3750, silver drops below 50 dollars and maybe touches 48 dollars again, but fed continues with these rates then silver again push back towards 58 dollars and gold going for 4500. But till now silver and gold is trading in strongest buying zone. If you buy silver or gold here and waiting for fed cut rates which is possible in January to May, then gold trade above 6000, and silver above 150 dollars. bold claim but possible...
Thankyou
$XAU
$XAG
#FOMCWatch #GOLD #XAGUSDT实操指南
