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War Fears Tarnish Metals - Silver Breaks $75 And Gold Tests $4,500
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War Fears Tarnish Metals - Silver Breaks $75 And Gold Tests $4,500

Seeking Alpha·MarketPulse by OANDA Group·28 days ago
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Summary

  • Silver and gold can't sustain their previous momentum, seeing renewed bearish flows amid tensions resurfacing.
  • Their inverted correlation to oil and the US dollar remains strong, with the two bouncing back to start the week.
  • Intraday time frame analysis for XAG/USD (silver) and XAU/USD (gold).
Stacks of precious metal ingots and coins

matejmo/iStock via Getty Images

By Elior Manier

Today, the Middle East conflict has entered yet another dangerous stage.

Although this is the third week of the ceasefire, many now doubt it will hold. In the last 24 hours, Iran reportedly attacked several

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