Guangdong Silver Age Sci & Tech Co.,Ltd. engages in the research, development, production, and sale of polymer materials in China. The company’s principal produ...
SILVER: Duyin Technology is one of the company's important clients
Gold & Silver Futures Surge Overnight! Here are the Drivers in 2026
Gold, silver set to register record gains; oil faces biggest annual drop since 2020
China’s January 1 silver curbs to deepen global crunch, analysts warn amid volatility
$ExxonMobil(XOM.US)
Another defensive hedge designed to buffer my portfolio, XOM makes up the energy (specific to oil) component with Gold and Silver as the precious metals select.
Also taking a hit after the peace deal firmed up and oil prices turned south, however, XOM has formed a three wave pullback from its peak and has been hovering above its daily 200MA for a few days.
@Bridge Buzz SG
$Gold.com(GOLD.US)
🏆Weekly Gold (XAUUSD) & Precious Metals Take a Sharp Hit – What’s Driving the Drop?
Gold spot (XAU/USD) just tumbled 3.29% to $4,327.885, hitting a fresh 1 week low and locking in its first weekly decline in recent weeks. Silver, platinum and palladium are also deep in the red, with silver touching its lowest level in 1.75 months.
Now all pressured by a resurgent US dollar and shifting Fed expectations.
The trigger came from the latest US jobs data.
The US economy added 172,000 jobs last month, beating market estimates.
Stronger hiring fuels bets that the Federal Reserve will keep policy tight. The current markets now price a 72% chance of a rate hike as soon as December.
Higher interest rates and rising global bond yields make non‑yielding precious metals less attractive, while the US Dollar Index surged to its own 1.75‑month high, further weighing on metals priced in USD.
🔷Looking at the charts:
🟢On the 4‑hour timeframe, gold has broken firmly below its Bollinger Bands lower band, with RSI near oversold territory at ~29, showing extreme short‑term selling pressure.
🟢On the daily chart, the metal has fallen well below its 20‑period moving average, confirming the shift from its earlier uptrend into a sharp pullback.
For now, Fed policy and dollar strength remain the main drivers. Any further hot inflation or jobs data could extend losses, while softer numbers may offer a temporary bounce.
🔷Next Week: Key Economic Data to Watch
Wednesday: U.S. CPI Inflation Report & FOMC Economic Projections
Thursday: U.S. PPI
Friday: Preliminary U.S. Consumer Sentiment
🔷 The Verdict
Strong Bearish bias. The complete technical breakdown and macroeconomic paradigm shift favor aggressive selling on any minor relief bounce. Bulls are completely out of options unless they can magically reclaim $4,450.
Not financial advice. Practice strict risk management. Do your DD😌.
Last couple of weeks I am asked multiple times on my thesis on $GLD & $SLV So here are my thoughts..
Both charts took a heavy hit after their recent peaks. The technical structure still tells me this is a healthy consolidation phase where the price is building a base and digesting those previous vertical moves.I spoke about this before. Central banks are accumulating physical gold at record levels. That kind of institutional buying creates a massive floor under the price which is what we see on the technicals as well.Silver has an entirely separate and more aggressive catalyst. We are seeing a multi year supply deficit driven by industrial demand from solar, EVs, and data centers(AI play). The gold to silver ratio recently compressed to the 55 level. This confirms silver is being bid as a hard industrial asset.The fundamentals and the technicals are perfectly aligned for a continuation higher IMHO. The current price action is just a base building phase before the next leg up.I will not be surprised if $GLD & $LSV go back above ATH's. It's a matter of when, not IF.
