đĄ Gold Pullback, Silver Tumbles Amid Fed Uncertainty & China Trading Curbs.
Gold eased slightly as uncertainty over the next Fed Chair tempered rate-cut expectations, while silver saw a sharper drop following Chinaâs tighter speculative trading rules. Technical charts suggest goldâs uptrend remains intact, but silver momentum faces pressure.
Key Facts:
⢠Gold remains above Ichimoku cloud support ($4,400/oz) despite the pullback
⢠Silver fell sharply after regulatory curbs in Chinese futures markets
⢠Near-term resistance for gold sits around recent highs ($4,650/oz)
Expert Insight:
Goldâs broader bullish trend is holding, making dips potential buying opportunities, whereas silverâs overextended momentum was corrected by regulatory actions, highlighting short-term volatility risk.
#FedChair #ChinaMarkets #commodities #TechnicalAnalysis #PreciousMetals $PAXG $XAG $XAU


