Gold $XAUT and Silver $XAG are currently in a short-term bearish correction despite a recent relief bounce, as a strong US Dollar and high interest rates pressure non-yielding assets. For XAU, the trend is cautiously bearish below the $4,600 resistance, with key support sitting at $4,300 and a deeper "liquidity floor" at $4,200; momentum is stalling as traders de-risk amid Middle East tensions. XAG is following a similar path but with higher volatility, facing heavy resistance at $75 and relying on critical support at $65.50 to prevent a breakdown toward the $60 mark. Overall market sentiment is "Extreme Fear" due to stagflation concerns, suggesting that while local bounces are possible, the path of least resistance remains downward unless these metals can reclaim their 50-day moving averages.
#xau #xag #TrumpSeeksQuickEndToIranWar
