📊 Market Update: Precious Metals & Crypto
Gold ($XAU) is slightly down -0.38%, testing short-term support zones. Traders are watching cautiously as momentum could push prices lower, but panic selling is not advised.
Silver ($XAG) is following Gold at -0.35%, also near support, showing a mild pullback. Short-term downside is possible, yet it remains tradable with proper risk management.
Bitcoin ($BTC) is hovering around $28,400, showing consolidation after recent volatility. Buyers are waiting for a breakout above the $28,800–$29,000 resistance zone. A small dip may occur, but hold positions and avoid panic selling for short-term fluctuations.
💡 Trading Tip:
:Watch key support/resistance levels for all three assets.
:Use stop-losses and manage exposure carefully.
:Look for confirmed bounce or reversal signals before entering new positions.
⚡ Summary: $XAU , $XAG , and $BTC are all in mild pullback phases. Opportunities exist, but careful trading and patience are essential.
