๐ฅ *XAU/XAG Market Update* ๐
Gold (XAU/USD) is trading at $5,056, near its all-time high of $5,093, driven by safe-haven demand due to geopolitical tensions and expectations of Fed rate cuts. Silver (XAG/USD) is at $107.55, showing strong momentum ยน.
๐ Key Stats
- *Gold-Silver Ratio*: 46:1, lowest in 15 years
- *Gold Support*: $4,360-$4,550, 50-day EMA at $4,115
- *Silver Support*: $70-81, 50 EMA at $74
- *Resistance*: Gold at $5,130, Silver at $109.50
๐ก Trading Insights
- Buy gold dips near $5,050, target $5,160-$5,200
- Buy silver dips near $105, target $112
ยน ยฒ
