Silver (XAG) Forecast: Bulls in Control While Gold Strength Adds Macro Tailwind – FX Empire
Daily Silver (XAG/USD)Silver surpassed its important resistance level at $33.45 earlier this week. Momentum currently supports a retest of $34.24, with $34.87 being $34.87 as the next upside target. If prices soften, strong support is expected between $32.53 and $31.81, but the 50-day moving average is close to $32.15, and another layer of technical support […]
Gold (XAU) Silver (XAG) Daily Forecast: Bulls Defend $3,000 as Fed Bets Mount – FX Empire
Investors are increasingly focusing on the coming US macroeconomic release, including Friday's PCE price index. The forecast for US tariffs scheduled to begin on April 2 on imports from 15 trading partners further boosted the demand for gold as a hedge against trade-related uncertainty. “Gold is supported by soft US data and weak dollars,” says […]
Gold Price Forecast: Short-Term Strength Tested Amid Key Fibonacci Resistance – FX Empire
There are major price levels in the Tuesday price range Gold fell to a low of $2,999 on Friday, following a new record high of $3,058 last Thursday. That remains the low bearish pullbacks of the past, but not that much. Nearly the record high for gold is the 200% expanded retracement of the bear […]
Gold (XAU) Silver (XAG) Daily Forecast: PCE Report and Fed Commentary May Shift Trends – FX Empire
Gold continues to hold above the $3,000 psychological threshold in response to expectations of potential interest rate cuts later this year. The Federal Reserve's revised 2025 growth forecast and sustained inflation concerns added uncertainty to its policy trajectory. The Fed predicted a 25 basis point reduction of 25 in 2025, but market participants are increasingly […]
Gold (XAU) Silver (XAG) Daily Forecast: $3,025 Pivot in Focus as Inflation and Tariff News Loom – FX Empire
The US dollar remains strong in Hawkish's federal tone The US Dollar Index (DXY) is resilient near the 104.00 level. While pausing the three-day gathering, wider strength continues to weigh the gold. Recent comments from Federal Reserve Chair Jerome Powell have reinforced the central bank's cautious attitude. Powell said the labor market remains strong and […]
Gold (XAU) Price Forecast: Fed Signals, Stronger Dollar Slow Rally, But Bullish Case Holds – FX Empire
Weekly Friday (Xau/USD)The recent surge may have cooled down, but the broader bullish narrative remains unchanged. The combination of rate reduction expectations, geopolitical risks and defensive assets revolves continues to support gold. Short-term fixes are healthy and are expected after such a powerful move, but retracements can attract buyers unless the macro conditions shift meaningfully. […]
‘Law & Order,’ ‘Boardwalk Empire’ actor sentenced for NYC murder
The “Law and Order” actor was sentenced to 25 years behind bars for the “calculated” revenge fuel murder of Queens rivals. Appearing in the hit legal drama as well as the “Boardwalk Empire,” Isaiah Stokes showed no regrets over killing Tyrone Jones, who authorities said he was shot almost dozens of times in a parked […]
Oil News: WTI Futures Near Breakout as Iran Sanctions Lift Bullish Crude Outlook – FX Empire
On the downside, initial support will be seen at $66.83. The obstacles there bring the minor row at $66.09 and the more important bottom at $65.01. This trend remains technically bearish, but the sustained movement above the 50-day moving average of $71.10 indicates a significant shift in market sentiment. Iran's sanctions strengthen global supply outlook […]
Gold Price Forecast: Faces Bearish Reversal After Hitting Record High – FX Empire
New record high leads to pullback The new high on Thursday occurred near previously identified potential resistance zones derived from the confluence of several indicator targets. Gold surpassed the top price range of $3,043, but didn't go much before encountering resistance to stop the rise. Like all price levels, they should be considered as a […]
Gold News: Fed Policy in Focus as XAU/USD Holds Above $3,000, Eyes New Highs – FX Empire
Daily Gold (Xau/USD)After temporarily surpassing $3,000 last week, Friday hit a record high of $3,005.04 before retreating. Metals are supported by the demand for safe havens, and traders are closely monitoring the Federal Reserve's policy stance. A break above $3,005.04 indicates a continuing uptrend, while a drop below $2,978.50 could confirm a short-term reversal, potentially […]