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Gold & Silver Soar, Miners Test
Gold’s up, yet miners pause after an initial move up and reverse on an intraday basis. Once again. charts Gold price clearly moved higher today, and while miners and silver moved higher as well, mining stocks failed to move to new highs. It’s all happening while the USD Index is reaching its highest values since mid-August. charts The rally is not yet obvious to most, even though the technical signs are clear. Consequently, my previous comments on the situation remains up-to-date: charts We saw a daily reversal, which happened on big volume, and it all took place at the vertex of the lines creating the ... (full story)
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From fxstreet.com | Oct 8, 2025
Gold price (XAU/USD) extends its rally to near $4,050.00 during the European trading session on Wednesday. The precious metal continues to move higher as deepening political crisis in France and the United States (US) government shutdown have increased the demand of safe-haven assets, such as Gold. French political crisis prompted after Prime Minister ...
The U.S. Dollar and Gold are both benefiting from the same underlying global unease, though for different reasons. The Dollar Index (DXY) has climbed toward 99.00, supported less by domestic optimism than by global fragility. With Japan’s political transition rekindling dovish expectations and Europe mired in industrial and political strain, investors ...
From fxpro.news | Oct 8, 2025
Gold recently broke the resistance area between the round resistance level 4000.00 and the resistance trendline of the sharp daily up channel from August. The breakout of this resistance area accelerated the active short-term impulse wave 5 of the intermediate impulse wave (3) from May. Given the overriding daily uptrend, Gold can be expected to rise to the ...
