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Score
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Correct
XAGUSD
Long Entry 40.2000 2025-08-30 11:03 UTC
Target 41.2000 In 2 Days Fail 35.8000
Risk/Reward 1 : 0
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Final PnL
2.49%
P/L:
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XAGUSD
Correct
Forex
Fundamental
1H
Analysis Predict Bull Market
The analysis identifies a new front in tariff wars involving the US and India is pushing gold prices higher. Geopolitical factors, including the upcoming UN General Assembly meeting in September, where recognition of a Palestinian state is anticipated, contribute to market anxiety. A high all time closing of $3448.27 has been achieved. Gold has support at $3330, resistance at $3510, and the trend is bullish. Silver is outperforming gold, closing near $40, with a bullish channel pattern. Silver's support is identified at $35.80, resistance at $41.20, following a period of struggle and then a recent breakthrough to positive levels. Crude oil shows a flat trend, and 66 as a key next resistance. Upcoming manufacturing data from China, US bank holiday. US employment data are highlighted as potentially influencing market activity.
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