GOLD, SILVER & PALLADIUM | Daily Analysis: Bullish Rally Continues Toward New Highs?
1 extracted signal · 1 resolved · 0 still active
KG Trading | CommoditiesIndependent analyst profile- Source published
- 07 Aug 2026, 08:45 UTC
- Recorded by Tahlil Plus
- 07 Aug 2026, 10:52 UTC
AI-generated source summary
The analysis focuses on Gold (XAUUSD) and Silver (XAGUSD) with a predominantly bullish outlook for both. For Gold (XAUUSD), the current price is observed around 1995.0, with a target identified at 2035.0. The fail bound for this bullish move is set below 1980.0. The observed trend for Gold is bearish, but the predicted trend is bullish, indicating a potential reversal. The analysis for Silver (XAGUSD) suggests a bullish scenario with the current price at 24.4, targeting 27.2. The failure point for Silver's bullish outlook is below 23.5. The market trend for Silver is currently bullish, and this trend is predicted to continue. The timeframes discussed range from intraday to longer-term, with specific wave counts and Fibonacci levels mentioned, including the 1.618 extension for Gold and the 0.5 Fibonacci level for Silver. The analysis suggests that if specific price levels are breached, the probabilities for a continuation of the predicted trends increase.
AI-generated summary based on the source content.
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KG Trading | Commodities
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