Gold prices continued to rise today during the European session and into the early U.S. session.
This follows a recent 3% drop in precious metals, particularly gold, over the past two sessions—driven by central bank buying and differences in the gold-to-silver price ratio.
Gold has also shown more volatility than silver today.
Looking ahead to the U.S. market open, I believe it's an ideal time to sell as much gold and silver as possible at current levels.
In my view, we can expect a downward move of over $100 in Gold spot XAUUSD either later today or within the next two sessions.
Based on my trading strategy for Spot Gold (XAUUSD): Once again, don’t miss this opportunity to capture a potential $100 downside move in gold - either today or by the end of this week.
Following the U.S. market open, spot gold (XAUUSD) reached around the $3328.83 per ounce level, while June Gold Futures hovered near $3340.00 per ounce level.
This price range may offer a prime selling opportunity, aligning with common profit-taking patterns.
At these levels, many traders might look to lock in gains, which could trigger a market pullback.
If spot gold (XAUUSD) starts to decline, it could fall toward the intraday low near $3237.93 per ounce—marking a potential $100+ drop within today or the next two sessions.
GOLDGOLD1!SILVERSILVERSILVER1! Good evening friends.. Due to some busy schedule, i was out of the market for last 2 months. But today onwards I am again posting my views. Today we initiated buy gold at 93000 with 92500 sl for long positional target near previous high around 99000 within 10-15 days, we also initiated buy on spot gold at 3205 with 3185 sustainable 1 hour sl for 3300 and 3400 target till 15 may.Hold positional call for big bumper gain in coming days. Stay tuned with jai hind for more updates
XAGUSDSI1! Since August 2022, silver has been developing an impulsive structure. The deep correction we observed in April 2025 likely represents wave C of a flat correction, completing wave (4) of the current impulse. Idea: Silver’s Bullish Transition: $…
SI1! The price of silver at this moment is definitely a pullback for bullish analysis. I suggest you see my analysis of silver, which has reached the target with 100% accuracy and sensitivity, and the price at this moment is not the same as the analysis below.
SI1! Gold Set for $100 Drop?
