Gold Surges Above Key EMAs, Bulls Eye Resistance Amidst Bullish Momentum 
With Iran and the US signing a peace deal, where does that leave Benjamin Netanyahu? 
Silver Cracks Key 365-Day EMA for First Time Since Feb 2024; Bears Eye $50 on Rallies 
AI Memory Boom Sparks Global Chip Supply Crunch 
Morgan Stanley Sees Chinese Auto Market Recovery Gaining Momentum in Late Summer 
Gold's 365-Day EMA Streak Since Oct 2023 Faces Its First Real Test at $3,980 — Break or Bounce to $4,140? 
Trump’s Iran Strategy: What Has Been Achieved After Three Months of Conflict? 
Bank Regulation Rollbacks in the U.S. and UK Could Increase Financial Risks, Study Warns 
China’s AI Manufacturing Boom Masks Weak Consumer Economy, Citi Says 
Goldman Sachs: US Dollar Likely to Stay Strong Despite Oil Price Retreat 
 - EconoTimes)
Metal pack is posing a comeback today. Performance this week at a glance in chart & table -
Gold -
- Gold is finding resistance around $1125. Today's range - $1129-$1118
- Gold might test support around $1100 area.
- Gold is currently trading at $1123/troy ounce. Immediate support lies at $11080 and resistance at $1168 area.
Silver -
- Silver found support around $14 area, sharply up from there. Today's range $14.62-14
- Silver is currently trading at $14.45/troy ounce. Support lies at $14 & resistance at $16.
Copper -
- Copper is up sharply after finding support around $2.2 area. Today's range $2.34-2.24.
- Copper is currently trading at $2.33/pound, immediate support lies at, $2.2 & resistance at $2.35.
|
Gold |
-3.19% |
|
Silver |
-5.56% |
|
Copper |
+1.00% |
