SILVER and GOLD charts (D1 timeframe)
Silver is currently trading between its 50- and 200-session exponential moving averages. A breakout above USD 82 per ounce could open the way for more sustained upside and a clear return of positive market sentiment.
Source: xStation5
Gold appears to be heading toward a test of the USD 5,000 per ounce area. A decisive break above this level would increase the likelihood of a sentiment shift and a renewed surge in buying activity. The metal remains relatively close to the EMA50 (orange line); in recent weeks, gold has already rebounded twice after dipping below this average, which has acted as strong momentum support since August.
Source: xStation5
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