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XAGUSD
Entry 39.0030 2025-08-23 15:42 UTC
Target 40.5000
Fail 35.5000
Risk / Reward 1 : 0
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XAGUSD
Pending
Forex
Technical
1H
Analysis Predict Bull Market
Body
Gold prices closed at $3,372. The speaker discusses an upside in gold prices driven by the Federal Reserve chairman's comments, with a rate cut expected in September. Taking away chairman's speech, you can see prices may reach $3,338. Analysis also takes into account comments on FOMC made by President Trump. Resistance to continue on tariff. For gold: the support is at $3,300 and a resistance is 3450. Silver: Shows also upside closing nearly at $39. Target Price approximately is $40.50, a support at $35.50 and shows trend positive. Crude Oil, shows, the current closing price $63.76, the price is $66 for bulls, and support levels at $59, trend as flat at this moment.
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