Gold Predictors✓

#GOLD ignores the short-term correction and is ready to go towards the significant target of $3,000, which is determined by the ascending broadening wedge. Inverted head and shoulder support this surge and breakout from long-term pivot of $2,075 highlight the sustainability of this bullish move.

RT @FXEmpirecom: This week's #COTReport update: - The DOW led the buying, and the NASDAQ saw the biggest drop. - CAD, GBP, and CHF all got a lift, with the Russell also edging higher. - On the sell side, Copper, Platinum, and the Nikkei slipped. Most currencies were bought, metals were sold, and indices were split. ❓Is the DOW vs. NASDAQ split a sign of rotation❓

RT @FXEmpirecom: Tight supply in China has boosted copper prices to $6.44, but a decisive break above $6.64 is needed to extend the rally. Watch for potential volatility ahead of US inflation data impacting the dollar and copper's next move. Read more:

#Gold has reclaimed $4,000 and remains within the triangle. The lower boundary could act as support if the price declines again.

#Silver is testing the upper boundary of its descending channel. A break above this boundary could open the way toward $54 resistance.

#Gold is back above $3,900. The next test is $4,150. A softer US #CPI reading could lower Treasury yields and weaken the #dollar, giving gold room to extend its recovery.

RT @FXEmpirecom: Strong US jobs data has increased December Fed hike expectations, pushing USD/JPY toward key resistance at 160. A confirmed break could target 164, propelled by widening yield differentials. Read more:

The #silver-to-#PPI ratio has returned to former resistance after a long-term breakout. A hold would support the structure, while a break below would weaken it. A rising ratio means silver is gaining value relative to commodity producer prices.

#Silver has pulled back to the $45-$50 area after breaking above a resistance line that spans several decades. If this area holds as support, it may form a bottom in the long term.

#Gold remains above the midpoint of its 30-year ascending channel. Holding above this rising support could help gold build on its gains. A break below it could put pressure on the price.

RT @FXEmpirecom: Somebody tell the job market it was supposed to be tired. October added 165,000 jobs, plus an upwards revision to boot! The forecast was 65,000. That's not a beat, that's a blowout. Unemployment slipped to 4.1%, and pay rose 0.4% for the month, hotter than expected too. Here's the catch. A job market this strong gives the Fed less reason to cut rates. So yields jumped, and stocks can't decide if this is good news or bad news. That's your cue to let price pick a side first. No clear setup? Sit on your hands and enjoy the show. Are rate cuts still on your list?

#Silver is holding above $50 after a pullback toward $49. The next major resistance remains near $60, along the upper boundary of the weekly triangle.

#Gold and #silver have pulled back from their highs. Our premium Q3 2026 report looks at what drove the decline, where both metals could find support, and why the year-end close matters for 2027.

#Silver is back above $50. The next test is $55. A weekly close above that level could extend the recovery. If silver slips again, $47 is the support level to watch.

RT @FXEmpirecom: The upcoming US jobs data could be pivotal for gold, as a breakout above $4,150 may lead to a push towards $4,200. However, a dip below $4,000 poses risks for further declines. Read more:

#Gold is back above $4,000. The US jobs report is the next test. If hiring falls short of forecasts, lower Treasury yields could give gold room to rise. Stronger hiring could send gold back toward the $3,900–$4,000 support zone.

#Silver holds above $48–$50 support as markets await Friday’s US jobs report. The next resistance sits at $60–$61. Softer employment data could support the recovery, while a monthly close below $48 would weaken the breakout.

#Silver rebounded from rising support and remains inside a triangle. The descending upper boundary is the next resistance area. A sustained break above it could open room for further gains.

RT @FXEmpirecom: Gold prices are poised for a breakout as U.S.-Iran peace hopes and declining oil prices support bullish momentum. A weekly close above $4,150 could trigger a drive towards $4,300, with Friday's jobs report in focus to shape sentiment. Read more:

#Silver has recovered from $49 and returned to the midpoint of its descending channel. A daily close above this level could support further gains.

#Gold is back above $4,000 and trading near the falling trendline. A daily close above the trendline would make the recovery more convincing.