Chainlink price has returned above $12 after rebounding from the lower end of its recent trading range. BraveNewCoin data places LINK at $12.11, up 6.21% over 24 hours. The token traded between $11.25 and $12.22, while reported volume stood near $538.65 million. LINK now faces short-term resistance after recovering from support around the $11 area.…
Analyst data from X all indicate resistance for gold above recent support. In one chart, the silver-to-gold ratio is coming to a big resistance at a major 2026 resistance level. Traders are gearing up for the Federal Reserve decision, and the gold price is coming back to a key technical area. The configurations suggest a…
Silver is pushing on the doorstep of a technical zone that may either be the extension of its recent bounce or a dead end. Price has been consolidating in a 30-minute time frame (XAGUSD) in a price channel that is flattening on the upside, with a breakout above the recent lows being a possible scenario.…
Silver traders have a mixed picture as the CPI propelled a sharp rally in silver. The Elliott Wave Forecast sees XAG/USD headed lower, and the current price action indicates that buyers are holding up on the move. Notably, the analyst forecast shows that XAG/USD will fall first before buyers come in. After reaching the top…
Manan Trader's earlier chart had drawn downside levels towards $4,350 and $4,300, which Zaffar Khan confirmed as a successful call on PPI news. The selling pressure on gold was heavy on the day since the release of the latest PPI, with two of the X analysts pointing to the rapid sell-off in the XAU/USD cross.…
The last completed session ended at $66.11. Silver traded between $64.75 and $67.21, then finished 1.31% lower. Silver price action reveals that XAG/USD has been trading around $66 following a bouncy opening of September. Silver has risen 13.57% over a period of eight days from August 4 to 12, as demonstrated in the market history.…
The gold and silver price analysis indicated a repricing following the stronger-than-expected US employment data. Spot gold fell 1.1% to $4,422.91 after touching $4,364.99. Silver fell, and cryptocurrencies tumbled. Employers in the U.S. created 162,000 new positions in August, well above expectations of 56,000. The unemployment rate remained at 4.1% while average hourly earnings increased…
Gold's value was at $4,455 at the end of the week, with the price dropping on Friday even after a recovery earlier in the week. Friday and the week were down for Friday on gold, falling 3.18% and approximately 3.25%, respectively. Friday’s trading range of the metal was $4,445 to $4,630. This created a big…
Silver price action has tested the $70 resistance area and appears to be heading towards the $71.16 level. The stock is heading back to the 69.80-70.00 zone following its brief dip in the day. This area is identified on the 15-minute chart as the London high and active resistance. The current chart shows that silver…
Friday's rally in gold price extended into the new week, with the metal continuing to test a potential resistance level. Both the $4,435 and $4,500 levels are near immediate resistance on the charts. Additionally, buyers have become more aggressive on the buy side since the metal dipped off its previous level. In the bigger picture,…