Silver

There's nothing quite like a volatile whipsaw to snap traders out of a lull, and that is exactly what we saw on gold and silver prices on Thursday, during a day of heavy losses. While I suspect price action to remain choppy, I also think they'll grind lower from here.

Gold is testing critical resistance, silver continues to climb after breaking its downtrend, and bitcoin consolidates before another potential surge. With technical and momentum signals aligning, could the stage be set for a decisive breakout across these assets?

USDJPY, Silver Forecast: As the final BOJ meeting for 2024 approaches, combined with holiday season trends, the Yen and Silver are poised for potential bullish rebounds. However, the strength of the Dollar rally remains in question.

Silver is caught in a tight squeeze between uptrend support and downtrend resistance, with November payrolls ready to shake things up. A breakout looms, but will it shine or slide?

Silver prices have put in a strong bounce this week following last Friday’s hold of higher-low support at a key spot on the chart.

Can silver and copper hold their ground, or are sharper declines on the horizon? The price action suggests a resumption of the bearish trend could be in the cards.

Gold and silver prices are bouncing back, fuelled by easing pressure from lower US Treasury yields and a softer US dollar. But can the move build into something greater? Here’s what’s driving the price action and the setups worth watching.

Silver prices sold off quickly after a failed breakout at 35. But last week’s test at the psychological level of 30 has so far helped bulls to get back into the matter and silver prices now have bullish short-term price action.

USDJPY, Silver Forecast: The US Dollar’s rally has pushed the yen to levels increasing Bank of Japan intervention risks and pressured silver to retest a critical yearly trendline, raising caution over potential further upward movements in the dollar.

Gold and silver could be primed for a recovery as US bond yields show signs of consolidation following their rapid climb. With a quiet economic calendar and fewer Fed rate cuts now priced in, a near-term ceiling on yields may shift momentum in favour of precious metals. Here's why this setup could signal a bottom for gold and silver prices.

Silver and NZD/USD have plunged to fresh lows as higher U.S. rates and dollar strength dominate. But with a quiet calendar next week, the risk of a near-term short squeeze is rising. Key chart levels are in play, offering traders new opportunities on both sides of the market.