Gold (XAU) Silver (XAG) Daily Forecast: Prelim GDP q/q and Jobless Claims Set Market Tone – FX Empire
Investors are currently keenly waiting for Friday's US Personal Consumption Expense (PCE) Price Index Report. This provides clues on inflation and affects the Federal Reserve's attitude towards interest rates. If the data shows cooling inflation, it could promote expectations for interest rate reductions and raise gold prices. Until then, gold could be traded within tough […]
Gold (XAU) Silver (XAG) Daily Forecast: Will Inflation Fears Drive Safe-Haven Demand? – FX Empire
In addition to market uncertainty, U.S. consumer confidence fell sharply from 105.3 to 105.3 in February, marking the sharpest decline since August 2021, according to the conference committee. This decline reflects a growing caution among American consumers, which could weaken economic growth and increase the demand for safe inventory assets like gold. Traders are also […]
Gold (XAU) Silver (XAG) Daily Forecast: Will Profit-Taking Trigger a Pullback? – FX Empire
Profit and excessive conditions affect money The key factor behind the modest decline in gold is profitable as the daily chart shows slightly bought conditions. “The rapid rise in gold has made it vulnerable to pullbacks,” said a senior market analyst. Traders unleash some bullish positions as they wait for fresh catalysts, especially US economic […]
Silver Price Forecast: XAG/USD keeps the bullish vibe above $32.50 – FXStreet
Silver Price rose to nearly $32.70 in Monday's Asian session, up 0.45% that day. Silver's positive views outweigh the important 100-day EMA with bullish RSI indicators. The first ascent barrier is found in areas ranging from $33.35 to $33.40. The initial support level is $31.52. Silver Price (XAG/USD) will be higher during Asian trading hours […]
Silver (XAG) Forecast: Gold Rally Fuels Bullish Momentum as Breakout Looms – FX Empire
Daily Silver (XAG/USD)Silver prices rose on Thursday, with bullish traders looking at $33.39 at last week's high. Breaking this level can result in a surge from $34.87 to $35.40 tolerance, setting up the metal for potentially significant benefits. Support is $32.53 and a key pivot is $31.81. The metal's intermediate and long-term technical trends remain […]
People losing faith in Adam Silver after ‘worst All-Star Weekend ever’
Adam Silver appeared in People's Crosshairs after taking on the NBA All-Star weekend glow. The NBA commissioner captured a lot of rage after the league's new All-Star Game Format received intense scrutiny, especially from the Warriors' Stard Raymond Green, which lacked years of uncompetitive games. Sunday was the game's four-team mini tournament debut, with the […]
The NBA ruined the All-Star Game, and Adam Silver has no one to blame but himself
The NBA All-Star Game was left to total indifference in Indianapolis a year ago. Listen to passive aggression in Adam Silver's voice When he handed out the MVP trophies. Otherwise, meaningless display games suddenly became used as a major example of all the wrong NBA today. Players don't defend! The only shots are dunks and […]
Adam Silver dismisses conspiracy talk surrounding Luka Doncic trade
SAN FRANCISCO – Adam Silver attempts to quell the theory of a conspiracy about the stunning trade that sent Luka Donsic to the Lakers. “I have sympathy for the Mavericks organization,” Silver said at the annual All-Star Weekend press conference. “I can certainly say one thing. Whether history judges this as a clever deal, they […]
Silver (XAG) Forecast: Reaction to $31.81 Sets the Tone with CPI as the Next Catalyst – FX Empire
Bank of America expects inflation to remain above target, and is stepping up lawsuits to keep the Fed stable interest rates. Banks have not seen short-term cuts that contradict the market's expectations for potential cuts in July. Goldman Sachs also anticipates further excavations in areas such as automobiles and homes, but warns that tariff policies […]
Gold (XAU) Silver (XAG) Daily Forecast: Market Awaits CPI Data as Gold Hovers Near $2,886 – FX Empire
A 25% tariff on steel and aluminum imports by former President Donald Trump will create fear of a wider trade war, which could revive demand for safe shelters for gold. Silver will gain industry demand, but face the strength of the dollar Silver (XAG/USD) is stable at $31.82, with an intraday high of $31.94, as […]