In the short term, geopolitical tensions are still unfolding, but the strengthening dollar combined with delayed rate cut expectations creates a double pressure, likely leading gold and silver to continue their high-volatility oscillations. The main COMEX gold contract may find support around $5,100, while the main COMEX silver contract is focused on support near $82. As for trading strategies, it is recommended to hold existing long positions in gold, while maintaining a cautious stance on silver and waiting for stabilization signals. (Guoxin Futures)
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Guoxin Futures: Gold and Silver Under Pressure, Retreating, Increased Volatility
In the short term, geopolitical tensions are still unfolding, but the strengthening dollar combined with delayed rate cut expectations creates a double pressure, likely leading gold and silver to continue their high-volatility oscillations. The main COMEX gold contract may find support around $5,100, while the main COMEX silver contract is focused on support near $82. As for trading strategies, it is recommended to hold existing long positions in gold, while maintaining a cautious stance on silver and waiting for stabilization signals. (Guoxin Futures)