Gold is holding near $4,067, while silver has slipped to $53.85 after the Fed kept rates unchanged. The decision was 10–2, with Cook and Hammack dissenting in favor of a rate hike.
Persistent inflation, higher oil prices and Middle East risks are keeping a lid on gains for now.
What’s next: Thursday’s GDP, PCE and jobless claims data, due at 8:30 a.m. EDT.
Key levels :
🥇Gold: Resistance $4,079–$4,103 | Support $4,039–$4,015
🥈Silver: Resistance $54.46 | Support $53.24
Data risk is elevated. Sitting in cash is a position too. NFA.
TRADE $XAU | $XAG HERE👇
Persistent inflation, higher oil prices and Middle East risks are keeping a lid on gains for now.
What’s next: Thursday’s GDP, PCE and jobless claims data, due at 8:30 a.m. EDT.
Key levels :
🥇Gold: Resistance $4,079–$4,103 | Support $4,039–$4,015
🥈Silver: Resistance $54.46 | Support $53.24
Data risk is elevated. Sitting in cash is a position too. NFA.
TRADE $XAU | $XAG HERE👇
