Gold $XAU and Silver $XAG are currently in a short-term bullish recovery phase after a massive mid-month crash, though the broader trend remains cautious. For XAU, price action has stabilized near $4,490, with key resistance at $4,530 and $4,600; a failure to break these levels could see a retest of the $4,320 support floor. XAG is showing stronger momentum, rebounding to $69.80, with traders eyeing $73.40 as the primary resistance and $64.50 as critical support. Overall market sentiment is mixed-to-positive as a softer US Dollar and a temporary pause in Middle East tensions invite bargain hunters back into the market. Momentum is building for a "dead-cat bounce," so crypto traders should watch for a sustained hold above $4,500 (Gold) and $70 (Silver) to confirm a trend reversal rather than a bull trap.
XAUTUSDT
Perp
4,499.35
+0.22%
XAGUSDT
Perp
69.85
-0.02%