Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
GateRouter
Smartly choose from 40+ AI models, with 0% extra fees
Just noticed silver got hit pretty hard today, dropping nearly 1% during NA session. The white metal pulled back from that $78.20 high and is now trading below the 50-day SMA around $79.45. Dollar strength has been relentless, and with thin volume it's keeping XAG/USD pinned down.
Looking at the chart, we're stuck between $75 and $80 after that bearish engulfing pattern did damage a while back. RSI is underwater, which tells me sellers still have the upper hand here. The real question is whether we break below $75 USD - if that happens, we could see a retest of $70 and potentially $64.10. On the flip side, if buyers can push past $80, then we're looking at $84.94 and $86.30 as targets.
For now it's consolidation territory. The 50 USD range between support and resistance is keeping things tight. I'm watching to see if we get a decisive move one way or the other, but volume needs to pick up for that to happen.