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Daily Oil, Gold, Silver Technical Analysis | June 04, 2026

From fxdailyreport.com

Gold prices pushed lower today and managed to reach the daily SMA 200. There is bounce reaction which surpassed yesterday’s high. However, the price has returned inside the yesterday’s range which suggest only a temporary reactions. We are still inside the triangle pattern and between daily SMA 200 also $4,546 level. Tomorrow Non-farm employment data might become the trigger for movement in gold prices. Silver prices stage a recovery today after yesterday’s bearish close. Despite the bullish situation, the price mostly moves inside yesterday’s range, If there is bearish continuation, then we could expect the price to ... (full story)

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