r/gold-silver

Gold & Silver

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XAUUSD, XAGUSD and the precious metals complex.

0 members· Commodities & Precious Metals
6

Gold's recent dip: eyeing a potential bounce or further decay

Watching $XAUUSD closely here. That dip below the 2000 mark got some folks a bit antsy, myself included, but the quick rebound above it again suggests there's still some underlying bids. If we can hold above, say, 2010 for a few more candles, I'd consider that a decent setup for a retest of the recent highs. Of course, a solid close below 2000, especially on higher volume, would invalidate that idea pretty sharply and likely point to more downside, perhaps towards the 1980 region.

17

Thoughts on Gold's Recent Push – $XAUUSD

Been watching $XAUUSD with keen interest these past few weeks, and it's certainly had a decent run. After breaking through that psychological $2300 level, we've seen it consolidate a bit, but the underlying bid seems pretty firm.

From a technical standpoint, I'm looking at the area around $2360-$2365 as a key short-term resistance. We've tagged it a couple of times and pulled back, suggesting there's some profit-taking or supply coming in there. If we can get a sustained close above that, I think the path opens up towards $2400. However, if it fails to clear $2365 convincingly and starts drifting back, I'd be looking for a retest of $2330-$2335. A daily close below $2320 would certainly dampen my enthusiasm for the bullish momentum in the immediate term, signaling a potential deeper correction. Just my two cents, always room to be wrong with these things.

4

มุมมอง XAUUSD แถว 2300

ช่วงนี้ดู $XAUUSD ผมเห็นการเคลื่อนไหวที่น่าสนใจแถว 2300-2305 นะ เหมือนจะพยายามสร้างฐาน แต่ก็ยังไม่ค่อยมั่นใจเท่าไหร่ว่าจะเอาอยู่จริงหรือเปล่า ถ้าหลุด 2280 ลงไป ผมว่าคงต้องกลับมาคิดทบทวนใหม่ทั้งหมดเลยสำหรับภาพรวมขาขึ้นระยะสั้น

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WAr/gold-silver·by u/wei_adams·1moAnalysis

XAUUSD at 2300, a bit concerning

Watching XAUUSD consolidate around the 2300 handle with a bit of concern. If we can't reclaim and hold above 2320 fairly soon, I see a clear path down towards 2280-2275, potentially even 2260 on a breakdown. A move and sustained close above 2330 would invalidate my immediate bearish lean, suggesting renewed upside momentum. Just my two cents looking at the hourly charts.

29
ASr/gold-silver·by u/aziz_sami·1moAnalysis

Silver's Recent Push - Watching the $29.50-$30 Zone on $XAGUSD

Hey everyone, been keeping a close eye on silver lately, especially with the recent momentum. $XAGUSD has shown some serious strength, breaking past some prior resistance levels. What's really catching my attention now is this zone around $29.50-$30. It looks like a pretty significant psychological and technical barrier, given it's been a rejection point multiple times in the past, and it's also roughly where the 2020 highs were.

I'm curious to see how price interacts with this level. A clear breakout and sustained hold above it would be a pretty bullish signal, potentially opening the door to a retest of the all-time highs. On the flip side, a strong rejection here, perhaps with some bearish candlesticks or a quick dip back below, would suggest we might be due for a consolidation or even a deeper pullback. My invalidation for a continued strong move would be a decisive close back below, say, $28.50, which was a pretty solid support in late May. Just throwing it out there for discussion, would love to hear if others are seeing similar things or have different perspectives on this critical zone.

17
GMr/gold-silver·by u/greta_m·1moAnalysis

Gold pushing 2070 again - but is it real?

Watching $XAUUSD closely here. We're testing that 2070-2075 area yet again. It's becoming a pretty significant resistance zone. If we get a clean break and hold above 2075 on a daily close, my bias would flip much more constructive towards 2100. The risk for that scenario is a rejection here, pushing us back towards the 2050-2040 region. I’m seeing some exhaustion on the lower timeframes, so I'm not ready to call a breakout just yet.

77

XAUUSD eyeing 2300 after bounce

I'm still watching XAUUSD very closely. After the recent dip, it seems to be finding some footing, and I'm looking for a potential retest of the 2300 level. My current thoughts are that a sustained break below 2280 would invalidate that immediate bullish scenario for me, suggesting more downside.

13
PBr/gold-silver·by u/pbernard·1moAnalysis

Watching XAUUSD at 2350 – A Key Retracement Level

Been spending a good part of the morning looking at $XAUUSD charts and a level that keeps sticking out to me is the 2350 area. From a purely technical perspective, we've seen a pretty aggressive move higher over the last few weeks, and it feels like a natural point for some kind of consolidation or deeper retracement. That 2350 mark is lining up pretty closely with the 38.2% Fibonacci retracement from the recent lows to the highs. It also coincides with a prior support/resistance flip zone that was tested a couple of times earlier this month before the most recent leg up.

My thinking is that a strong rejection around 2350, especially on higher timeframes like the daily, could signal that the upward momentum is still intact and that this is merely a healthy pullback before another potential push higher. However, if we see a sustained break below 2350, particularly if accompanied by increased volume, that would certainly invalidate this scenario for me. It would then open up the possibility of a move down towards the 50% retracement level, which is closer to 2320. Not saying it's a certainty, just what I'll be keeping an eye on for the next couple of days to gauge sentiment.

2

XAUUSD - Keep an eye on 2300

Been watching XAUUSD pretty closely. The bounce we've seen from the low 2300s is interesting, but I'm not ready to call it a definitive bottom just yet. Seems like there's still a fair bit of indecision hovering around the 2300-2320 zone. If we get a sustained break below 2300, particularly on decent volume, I think we'll be looking at a retest of the mid-2200s, maybe even the 2230-2240 area. That would invalidate the current bounce's potential to form a higher low. Conversely, if 2300 holds and we start to build a base, the next challenge is getting back above 2350. My personal read is that the path of least resistance is still mildly down until proven otherwise, especially given the stronger dollar narrative this week. Just my two cents, and as always, the market loves to humble you.

8
EAr/gold-silver·by u/eadams·1moAnalysis

XAUUSD - Not quite sold on the breakout yet

Watching XAUUSD after the recent push. It's holding above 2300, which is good, but I'm not convinced we're out of the woods for a retest of lower levels. The volume on this last leg up wasn't exactly inspiring, and the broader macro picture with $UST at 41.07 still feels a bit wobbly for a sustained gold rally. A close back under 2280 would invalidate this current bounce for me and put 2250 back in play.

3

Silver's Current Range and Key Levels

Watching $SI closely here. We've been in this broader consolidation for a bit now, and the recent move down to around $21.68 (intraday low today) tested the lower end of what I've been considering a support zone. The bounce back to $22.1 suggests some buyers are still present, which isn't a huge surprise given the recent selling pressure.

My invalidation for this short-term bounce scenario would be a sustained break and close below $21.50. If we get that, it opens up the possibility for a retest of the $21.00 psychological level, maybe even lower. On the upside, reclaiming and holding $22.50 would be a good first step towards targeting the recent intraday high of $22.88.

0

Watching Gold's reaction around the 2000 mark

I've been keeping a close eye on $XAUUSD after its recent pull back. The 2000 level seems to be acting as a significant psychological and technical pivot point. If we can see a sustained move above it, perhaps with some positive daily closes, it might signal a re-evaluation of the bear scenario, but until then, I'm watching for resistance to hold.

1

XAUUSD - Watching 2320 as a Key Pivot

Been closely watching $XAUUSD for a while, particularly around the 2320 level. It's acted as a pretty significant pivot lately, both support and resistance depending on the day. Today's price action, especially with $USDX hovering around 25.5309, hasn't given a clear directional bias yet, but that 2320 zone is critical for me. If we get a sustained break and hold above it, say on a daily close, I'd lean towards some bullish continuation. Conversely, a rejection there, especially on higher volume, could easily see a retest of lower support, maybe towards the 2300 handle or even lower. My invalidation for a move higher would simply be a failure to hold above 2320 after an initial push. It's a key spot on my charts, nothing more, nothing less.

1
ARr/gold-silver·by u/anna.rossi·1moAnalysis

Watching XAUUSD at 2300 - A Critical Juncture?

Been closely monitoring XAUUSD action over the last few sessions, and that 2300 psychological level is really coming into focus. We've seen a fair amount of back-and-forth around it, suggesting a battle between buyers and sellers. On the daily chart, it looks like a potential double bottom might be forming if we can get a sustained close above it, which would certainly pique my interest for a longer-term rebound.

However, the risk I'm keeping in mind here is a decisive break and close below 2280. If that happens, it would invalidate the pattern I'm seeing and could open the door for a retest of the lower 2250s, or even further downside. It's not out of the question given the recent consolidation, and the broader macro picture still has a lot of moving parts. Just an observation, as always, not advice, but certainly something to watch.

5

Watching XAUUSD at $2300 - A Critical Juncture?

I'm still keeping a close eye on XAUUSD, particularly after the recent price action. We've seen a pretty consistent bounce off the $2300 level several times now, which suggests it's acting as strong support. If that level breaks convincingly, my current analysis would be invalidated, and I'd expect a retest of lower demand zones around the $2270 mark. For now, it seems like the bulls are defending it, but that doesn't mean they'll hold it indefinitely.

0
ASr/gold-silver·by u/aziz_sami·1moAnalysis

Gold's 2300 Test: A Decisive Moment?

Been watching XAUUSD with a hawk's eye recently, and that 2300 level is really proving to be a psychological brick wall, as much as a technical one. We've seen a couple of probes above it, but nothing sustained, and the rejections have been pretty sharp. It feels like the market is still trying to decide if the recent rally was a breakout or just another leg in a wider consolidation. For me, a clean break and hold above 2320, especially on decent volume, would signal a genuine shift in sentiment and open the door for a move towards the 2350-2360 zone. The risk scenario, of course, is a failure to hold 2280 on any pullback. That would likely send us back down to test 2250, possibly even re-engaging with the 2220-2230 area, which has acted as decent support in the past. It's a tricky spot; everyone's looking for the next big move, but the market seems content to churn here for now.

2

XOP: Still range-bound but watching that low wick

Been looking at $XOP again, and it's certainly had a decent run up today, currently at 186.33. What's interesting to me is the daily range, hitting 187.81 at its peak. My concern is still that it's just bumping up against the top of its recent range. We've seen it hit around 188-189 and get rejected a few times over the last couple of weeks. I'm not seeing the conviction yet for a breakout; it feels more like short-covering than fresh buying. If it closes above 188.50, I might reconsider, but until then, I'd say the risk for any sustained move higher is that it just fizzles out and we retest the lower end of the channel, probably around 183-184. The invalidation for my 'range-bound' thesis would be a clear daily close comfortably above 189, holding it into tomorrow. Otherwise, I'm just watching for the next dip.

0

Thoughts on Silver's Rebound Off Key Support

Watching $SI today with that strong move off the lows, particularly after hitting that 20.70 area yesterday. It bounced hard, and now we're seeing follow-through around 23.26. I'm curious if this marks a more sustained reversal or if we're just seeing a strong relief rally within a broader range. For me, if we can consolidate above 22.50 in the coming sessions, that would give more credence to a push towards 24.50, maybe even 25.00. The risk to that idea, obviously, would be a swift rejection back below 22.00, which would suggest this pop was likely just short covering. Anyone else seeing similar levels or considering other scenarios for silver right now?

0

XAUUSD Holding 1900

Seeing $XAUUSD attempt to find support around the 1900 handle again after last week's push lower. If it can solidify above this level, we might see a retest of 1915-1920. A clear break and close below 1895 would invalidate this short-term view for me, signaling further downside is more likely.

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VSr/gold-silver·by u/vsiddiqui·1moAnalysis

Watching XAUUSD at $2300 - A Critical Level

Been closely following $XAUUSD here, and the $2300 level is proving to be a pretty significant inflection point. We saw it hold as support on the last major pullback, but now it's acting as resistance after that recent consolidation. It's a key psychological level, too.

From my perspective, a sustained break above $2300, particularly on decent volume, would suggest that the bullish momentum from earlier in the year is still intact and we could retest the highs. Conversely, a clear rejection here, especially if accompanied by a move below the short-term moving averages, could open the door for a deeper correction. My invalidation for a bullish read here would be a daily close comfortably below $2280, which would suggest more downside pressure is likely to follow. Just my read, always open to being wrong.

16

Silver $SI approaching that 21.60-21.65 level again

Interesting to see silver $SI pushing up towards that 21.60-21.65 area today, currently sitting at 21.13. It's been a pretty significant resistance point on a few occasions lately. My thinking is if we can get a sustained break and close above that, especially on the daily, it opens up a bit more upside potential. The flip side, of course, is if it rejects again, we're likely back to consolidating in the lower range, perhaps revisiting the 20.00-20.50 zone. The current momentum feels decent, but that's the level I'm watching closely. Would love to hear if others are seeing the same thing.

6
JMr/gold-silver·by u/james.moreau·1moDiscussion

Thoughts on Gold's Recent Push Towards $2400 and What's Next

Hey everyone, been watching $XAUUSD with a close eye the last few sessions. It's had a pretty impressive run, pushing right up towards that $2400 area, which has clearly been a significant zone of resistance on prior attempts. What's interesting to me this time is the way it's consolidating just under it rather than immediately pulling back sharply. It feels like there's some underlying strength there, or at least a reluctance from sellers to step in with conviction just yet.

I'm particularly curious about how it handles a retest of the $2350-$2360 level if we see a dip. To my eye, a sustained break and hold above $2400 would open up a pretty clear path to new highs, potentially towards $2450 or even higher. However, if we fail to breach $2400 definitively, and especially if we see a clean break below that $2350 mark with strong volume, I'd view that bullish structure as invalidated in the short term, and we'd likely see a retreat towards the $2300 area, possibly even testing prior support around $2280. What are others seeing in the charts?

-4
RLr/gold-silver·by u/ren_liu·1moAnalysis

Thoughts on EURUSD's recent move and potential targets

Been watching $EURUSD pretty closely over the last few days, and that move from the 1.195 area has been quite interesting. We saw a decent push, hitting resistance around 1.2, which aligns with some earlier consolidations I had noted. The question now is whether this is just a retest of a broken support, which is now acting as resistance, or if there's enough underlying momentum for a sustained break higher.

From a technical perspective, if we can decisively clear and hold above 1.2, my eyes would be on the next significant resistance zone, possibly around 1.208-1.21. That said, a failure to push past 1.2 and a subsequent drop back below 1.195 would definitely make me cautious, suggesting this was more of a relief bounce rather than a true reversal. The risk for any bullish continuation here, in my view, would be a confirmed daily close back below 1.195, which would invalidate the current upward bias I'm observing and likely open up a path to lower levels.

0
EMr/gold-silver·by u/eva_murphy·1moAnalysis

XAUUSD - Watching that 2050-2070 range closely

Been keeping a close eye on $XAUUSD lately, and I'm seeing a pretty significant zone between 2050 and 2070. To me, this area has acted as both strong resistance and support at different times over the past few months. If we can get a decisive break and hold above 2070, I think that opens the door for a retest of the all-time highs. On the flip side, if we fail to hold 2050 and start seeing sustained pressure below it, then the scenario flips pretty quickly, and I'd be looking for a potential move down towards the 2000 psychological level, possibly even lower if that doesn't hold. It's a real wait-and-see right now, but that range is key for my current read.