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Gold holds - silver stuck - S&P slumping
As suggested was the probability in my last writing, gold outperformed silver this week, and an update to the charts indicates gold's outperformance remains probable. Below is silver on the 4 hour time frame as presented last week with the support/resistance lines extended. The chart shows a break-out from the $93ish level solidly reversed. Bulls found support at $78, but it stands to reason that the wall just over $90 will take serious buying pressure, similar to that seen in late December early January to crack. Conversely, gold held it's breakout over 5100 and until proven differently - it stands to reason the ... (full story)
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Golds advance stalled after a brief geopolitical spike pushed prices into resistance, with the market reversing sharply earlier in the week before stabilizing into the close. Although XAU/USD has managed to recover part of the initial drop, the failure to secure a sustained break above resistance leaves the broader rally at an inflection point. With ...
The silver market had a very tough week as the US dollar strengthened during most of it, but we also have to keep in mind that recently silver had seen its implosion wipe out a ton of retail accounts. That being said, this is a market that I think you need to pay close attention to as the $80 level is a significant support level and is in the middle of the ...
From fxleaders.com | Mar 8, 2026
The silver market is finding balance after one of the most volatile starts in commodity history. Silver hit a record high of $121 in January 2026, then dropped 40% in February, but has since stabilized. On Friday, silver closed between $83.50 and $84.30, up 2.6% in recent sessions. This rebound is driven by rising tensions in the Middle East and a growing ...