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XAG USD (Silver / US Dollar)

XAGUSD Weekly Analysis (MMC) : Bullish Channel Toward Target🧠 1. Trend Shift Confirmed – Silver in Full Bullish Momentum Silver has officially broken free from its multi-year sideways range and has entered a well-defined ascending channel, pushing toward higher highs week after week. The momentum is strong and supported by a combination of technical elements, structure shifts, and clean retests. The trend is now clear: bullish, with the price aiming for the Next Reversal Zone between $46 and $48 — a level not seen since mid-2020. 🔷 2. Blue Ray Break – Start of the Rally The breakout began with a clean move above the Blue Ray trendline, a key structure that had suppressed Silver’s growth for several years. As the chart notes: “Blue Ray Always Continue Trend” — until broken. Once Silver broke above this resistance, it not only confirmed the trend reversal but also triggered the formation of a new bullish market structure, supported by aggressive buying. 🔁 3. SR – Interchange Zone Holding Strong The SR Interchange zone (around $27 – $30) has played a critical role in this breakout. It acted as: Resistance during the multi-year range. Then Support after the breakout, confirming a classic Support-Resistance Flip (SRF). This zone now serves as a solid demand base, giving the rally a stable foundation to push higher. 🪙 4. QFL Formation – Momentum Confirmation The breakout also aligns with a QFL (Quick Flip Level) structure — a powerful bullish continuation pattern. QFL setups form when price breaks above a former base, pulls back slightly, and then quickly resumes the upward trend. This indicates that buyers are aggressive and unwilling to let price fall too far, fueling a rally. Combined with the ascending channel, the QFL structure gives extra confidence that Silver is on track to reach the $46–$48 Reversal Zone. 📏 5. Trendline & Channel – Price Structure in Control Silver is currently moving cleanly within an ascending parallel channel, respecting both upper resistance and lower support trendlines. The inner trendline has been tested multiple times, and price is now riding its upper half. This shows: Buyers are in control. Each correction is shallow. Market confidence is growing week after week. Expect volatility to increase as Silver approaches the next target area. 🎯 6. Next Reversal Zone: $46 – $48 The green box at the top marks the Next Reversal Zone, where Silver might: Stall temporarily and consolidate. Or face a pullback back toward the mid-channel line or lower support. This zone corresponds to: Historical supply area (2020 highs) Strong psychological resistance Potential profit-taking by institutions or swing traders 🔭 Trade Scenarios to Watch ✅ Bullish Continuation: If Silver maintains support above $36 and remains inside the ascending channel, we may see a smooth ride into the reversal zone. Look for: Break-and-retest of the midline Bullish candles with long wicks on dips ⚠️ Short-Term Rejection: If price reaches $46–$48 and shows signs of exhaustion (like long upper wicks, evening star, or bearish engulfing), expect a healthy pullback toward $35–$36 or even $32. As long as the ascending structure holds, bulls remain in control. 🧩 Key Technical Levels Element Zone / Level Action SR Interchange Support $27 – $30 Strong demand zone Blue Ray Breakout Confirmed Trend reversal signal QFL Zone Around $36 Retest and rally confirmation Reversal Zone $46 – $48 High-probability reaction area Trendline Support Dynamic ($35–$36) Bullish channel continuation 📌 Final Thoughts: Silver is now playing in the big leagues again. With the Blue Ray broken, QFL confirmed, and price following a disciplined trendline channel, this rally looks both technically sound and fundamentally strong. Watch the $46–$48 zone carefully. Whether price rejects or breaks through, there will be high-probability setups for both breakout traders and dip buyers. Stay disciplined, don’t chase, and let price give you confirmation.
OANDA:XAGUSDLong
by GoldMasterTrades
Gold Market Update and Recommended Strategy bulls/bears📉 Gold Holds Steady ~$3,354/oz Moderate USD strength and tariff-driven safe‑haven buying have kept gold anchored in the $3,330–$3,360 zone. 🤝 Trade & Tariff Influence Tariff headlines—from Canada’s 35% rate to broader threats—have supported gold by boosting safe‑haven demand heading into U.S. CPI. 📊 Technical Watch Testing resistance at $3,360; full breakout above $3,342–$3,360 opens path to $3,400–$3,500. Support sits at $3,330–$3,322 (20‑day EMA); breach risks pickup in short‑term bearish momentum. 💼 U.S. Macro & Fed Cues Inflation data (June CPI due July 15) and Fedspeak ahead of the July blackout window are set to define next directional moves. 🌍 Central Bank Insight World central banks are stockpiling gold at record rates, creating a bullish backdrop. ⚖ Range‑Bound Outlook Expect gold to drift between $3,330–$3,360 near‑term, with upside if tariff/CPI triggers materialize. 📉 Short‑Term Bias Neutral‑to‑bullish; momentum indicators are calm but could shift quickly on macro surprises. 📈 Med‑Term Outlook Bullish Ongoing central bank demand, trade dynamics, and macro fundamentals still favor a gradual move toward $3,500+. ⭐ Updated Strategy Recommendations Accumulate on dips near $3,330–$3,320. Watch resistance at $3,360–$3,400 for profit‑taking or breakout buying opportunities. Bears may focus on selling rallies near the upper range.
OANDA:XAUUSDShort
by ProjectSyndicate
45
Silver: Daily Reversal Possible at Supply ZoneI'm anticipating a potential daily reversal in silver prices. Retail traders are maintaining a bullish stance, while commercial traders remain heavily short. The current price action suggests a possible reaction to a key supply area. What are your thoughts on the likelihood of a reversal, and what technical indicators might support or refute this potential shift? ✅ Please share your thoughts about SI1! in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.
COMEX:SI1!Short
by FOREXN1
9
Silver bullish breakout support at 3686The Silver remains in a bullish trend, with recent price action showing signs of a continuation breakout within the broader uptrend. Support Zone: 3686 – a key level from previous consolidation. Price is currently testing or approaching this level. A bullish rebound from 3686 would confirm ongoing upside momentum, with potential targets at: 3814 – initial resistance 3865 – psychological and structural level 3920 – extended resistance on the longer-term chart Bearish Scenario: A confirmed break and daily close below 3686 would weaken the bullish outlook and suggest deeper downside risk toward: 3645 – minor support 3590 – stronger support and potential demand zone Outlook: Bullish bias remains intact while the Silver holds above 3686. A sustained break below this level could shift momentum to the downside in the short term. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
TRADENATION:XAGUSD
by TradeNation
SILVER (XAGUSD): Correction is Over?! It looks like Silver has finally completed a consolidation within a wide horizontal parallel channel on a daily. A new higher high formation today indicates coming growth. Because if its Friday, I suggest looking for trend-following buy from Monday. Let the market close above the underlined resistance to let it set a Higher Close as well. Look for buying after a pullback, aiming at 38.0 as the first goal. ❤️Please, support my work with like, thank you!❤️
OANDA:XAGUSDLong
by VasilyTrader
4
XAG/USD (Silver) - Triangle Breakout (09.07.2025)The XAG/USD (Silver) pair on the M30 timeframe presents a Potential Buying Opportunity due to a recent Formation of a Wedge Breakout Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours. Possible Long Trade: Entry: Consider Entering A Long Position around Trendline Of The Pattern. Target Levels: 1st Resistance – 3749 2nd Resistance – 3781 🎁 Please hit the like button and 🎁 Leave a comment to support for My Post ! Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI_TA_TRADING Thank you. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis
TRADENATION:XAGUSDLong
by KABHI_TA_TRADING
50
XAGUSD Analysis : Squeeze + Curved Support Break + Bearish SetupThe XAGUSD 4-hour timeframe presents a structurally rich bullish setup, displaying signs of smart money accumulation and directional bias toward a potential breakout. Price action is currently compressing beneath a major horizontal resistance, supported dynamically by a Black Mind Curve, indicating progressive demand absorption by larger players. This structure — characterized by rounded, ascending support and multiple rejections off a flat resistance — resembles a re-accumulation cup-like formation beneath a key supply level. These conditions often precede high-probability breakouts, driven by liquidity engineering and retail trap setups. 🔍 Key Technical Elements: 🟢 1. Black Mind Curve Support (Dynamic Demand Zone) The curved trendline support represents an institutionally significant accumulation level, respected over multiple sessions. Note the price’s consistent reaction at this curved support, producing long lower wicks and bullish engulfing candles — both signs of liquidity grabs followed by strong buyer commitment. This curve essentially acts as a visual footprint of algorithmic buying interest — creating a controlled, higher-low structure leading into the resistance wall. 🔵 2. Major Horizontal Resistance Zone (~37.20–37.40) This level has served as a historical sell-side liquidity pool, having rejected multiple attempts to break higher over the past weeks. Each approach has been met with selling pressure, but the gradual compression of price against this zone hints at an impending breakout. Repeated testing of resistance with higher lows builds pressure — a classic ascending re-test model. 🟡 3. Break of Structure (BOS) Levels: Confirmation Zones Minor BOS (~36.20): Confirmed. Indicates bullish intent and short-term trend shift. Major BOS (~35.80): The ultimate invalidation level. If broken, the bullish thesis is compromised, and price may re-enter the lower consolidation zone. A bullish BOS above 37.40 would mark a true breakout and open the door to 38.00+ levels. 🔴 4. Liquidity & Smart Money Behavior The long wicks and deep retests into the Black Mind Curve suggest stop-loss hunts and liquidity inducement. Institutions often use such zones to trap breakout traders early, accumulate orders below swing lows, and then reverse the move. The price action around July 3–10 reflects this behavior clearly. ⚫ 5. Volume & Momentum Consideration While not shown in the chart, volume confirmation is critical here. A breakout above resistance should ideally be supported by increased volume and momentum divergence on RSI/MACD. A failure to confirm could indicate a fakeout trap, which is not uncommon in commodity markets like Silver. 📌 Strategic Trade Scenarios: 🟢 Bullish Continuation Setup: Trigger: Break and 4H candle close above 37.40 resistance Retest Entry: Wait for price to retest broken resistance (now support) with bullish confirmation (engulfing, pin bar, etc.) Targets: TP1: 38.00 (psychological round number) TP2: 38.60–38.90 (measured move target from structure base) TP3: 39.50 (extension target) Invalidation: Break below 36.00 with strong bearish volume 🔻 Bearish Rejection Scenario: Trigger: Sharp rejection from resistance zone followed by breakdown below the Black Mind Curve and BOS levels Confirmation: Close below 36.20 with high volume Targets: TP1: 35.80 TP2: 35.20 (curve base) TP3: 34.80 (range bottom liquidity zone) Invalidation: Return above 36.80 after rejection 📘 Market Context & Professional Insight: This is a high-probability continuation pattern in a bullish macro context. With interest rates stabilizing and commodity demand remaining firm, silver often trails gold in performance but catches up with volatility. Traders must watch the behavior around the resistance level, as that’s where smart money will show their hand. Institutional traders typically accumulate below resistance and engineer a breakout with controlled price action — and this chart is a textbook display of that setup. The Mind Curve structure mimics Wyckoffian schematics in the re-accumulation phase. Timing is crucial — breakout traders should be patient and disciplined, avoiding premature entries before a valid confirmation of strength. ✅ Conclusion: Silver (XAGUSD) is approaching a critical juncture. The chart structure suggests an imminent breakout above major resistance, supported by institutional behavior along the Black Mind Curve Support. However, traders must remain agile — watch for breakout confirmation or signs of a false move followed by distribution. This chart embodies a calculated bullish bias, and offers a great risk-to-reward opportunity for both trend followers and breakout traders.
OANDA:XAGUSDShort
by GoldMasterTrades
1
Silver (XAGUSD) Structural Analysis : Curve break & TargetSilver is exhibiting a textbook bullish continuation pattern, guided by a parabolic curve structure that reflects intensifying buyer momentum. This unique setup provides a high-probability trading roadmap as we approach a major reversal zone—one where smart money may look to offload long positions or enter fresh shorts. This analysis aims to help traders anticipate the likely path of XAGUSD based on structure, liquidity behavior, and trend psychology. 🔍 Key Structural Observations: 1. Black Mind Curve Support (Dynamic Bullish Structure) This parabolic arc acts as dynamic support. Every bounce from the curve shows growing strength in buyer conviction. The price is riding the curve upward with higher lows, signaling accumulation with momentum. This is not a standard trendline but rather a curve reflecting the accelerated nature of this uptrend. 2. Aggressive Bullish Momentum The recent price behavior has shown strong impulsive candles to the upside followed by shallow corrections, confirming bullish dominance. Volume and candle size increase near the curve, suggesting institutional interest. 3. Reversal Zone: 37.20 – 37.45 Marked as the Next Reversal Zone, this green box represents a key supply area where previous swing highs exist. Historically, price struggled to break this region cleanly, making it a high-probability reaction zone. Expect either: a bearish rejection (short-term correction), or a consolidation before a breakout continuation. 4. Liquidity Pool & Needed Volume Zone (~35.20 – 35.50) The market often revisits zones of untapped liquidity. This area likely holds: Buy-side stop losses Unfilled institutional orders If the market needs a deeper retracement, this is the zone to watch for re-accumulation. 🧠 Market Psychology Behind This Setup: This structure suggests a classic case of smart money accumulation, with price moving upward in a controlled yet aggressive fashion. The parabolic nature of the move points to: Increasing retail buy-ins FOMO-driven entries Possible engineered sweep before the next impulse The reversal zone could become a profit-taking area for institutions. If large players want to continue higher, they may first induce a pullback to absorb more volume at lower prices (near the curve or liquidity zone). 🔧 Tactical Playbook for Traders: For Bulls (Long Bias): Watch for pullbacks toward the curve or liquidity zone. Enter long positions on bullish confirmation (e.g., engulfing candles, pin bars) off those zones. Targets: 37.20 – 37.45, possibly higher if broken with strength. For Bears (Countertrend Traders): Wait for clear rejection patterns in the reversal zone. Use confirmation like RSI divergence, momentum slowdown, or distribution volume. Target: Curve support or deeper liquidity zone for reentry. 📌 Key Technical Levels: Zone Price Range Description Reversal Zone 37.20 – 37.45 Resistance / Take-Profit Area Curve Support Dynamic (rising) Support based on parabolic arc Liquidity Pool 35.20 – 35.50 High-volume demand zone 🧭 Conclusion Silver is currently in a momentum-driven phase supported by smart money activity. The parabolic structure and clean liquidity map give traders a clear plan to engage both long and short setups with timing and precision. Patience around the reversal zone will be key, as the next major move may depend on how price behaves in this critical area.
OANDA:XAGUSDLong
by GoldMasterTrades
Silver Holds Near 13-Year High Amid Tariff UncertaintySilver held above $36.80 Friday, near 13-year highs, as renewed trade tensions supported safe-haven demand. Markets grew cautious after Trump announced plans to send tariff letters, and as the House passed his tax and spending bill, expected to widen the deficit by over $3 trillion. Silver’s gains were capped by a surprisingly stronger June US jobs report, which eased recession fears and reduced near-term Fed rate cut pressure. Resistance is at 37.50, while support holds at 35.40.
FOREXCOM:XAGUSD
by ChartMage
Silver sideways consolidation support at 3500The Silver price action continues to exhibit a bullish sentiment, underpinned by a prevailing rising trend. However, recent intraday moves indicate a corrective pullback, reflecting short-term consolidation within the broader uptrend. Key Technical Levels: Support: 3,500 – Primary support and previous consolidation zone; critical for maintaining bullish structure. 3,450 – Secondary support; potential downside target if 3,500 fails. 3,390 – Key lower support; aligns with a broader demand area. Resistance: 3,720 – Immediate upside resistance; first target on a bullish bounce. 3,790 – Intermediate resistance; aligns with recent swing highs. 3,850 – Long-term resistance target; marks the upper boundary of the current bullish channel. Scenario Analysis: Bullish Continuation (Base Case): A bounce from the 3,500 level would affirm the corrective pullback as temporary, with potential for a bullish continuation targeting 3,720, followed by 3,790 and 3,850 over a longer timeframe. Bearish Reversal (Alternative Scenario): A daily close below 3,500 would undermine the current bullish outlook and signal a deeper retracement, with downside risk toward 3,450 and potentially 3,390, where structural support may stabilize price. Conclusion: Silver remains structurally bullish, with the current pullback offering a potential entry point within the trend. The 3,500 level is the key pivot—holding above it supports further upside continuation, while a breakdown below would raise the risk of a deeper correction. Traders should watch for price action confirmation at this level to validate the next directional move. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
TRADENATION:XAGUSD
by TradeNation
SILVER Technical Analysis! SELL! My dear followers, I analysed this chart on SILVER and concluded the following: The market is trading on 36.935 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 36.582 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ——————————— WISH YOU ALL LUCK
TRADENATION:XAGUSDShort
by AnabelSignals
1
Silver approaching key resistance barrierLooking at MARKETSCOM:SILVER , we can see that the price action is approaching the highest point of June. If that gets cleared, the next target might be the highest point of 2012. Let's dig in. TVC:SILVER Let us know what you think in the comments below. Thank you. 77.3% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Past performance is not necessarily indicative of future results. The value of investments may fall as well as rise and the investor may not get back the amount initially invested. This content is not intended for nor applicable to residents of the UK. Cryptocurrency CFDs and spread bets are restricted in the UK for all retail clients.
TVC:SILVER
by Marketscom
XAGUSD Analysis : Consolidation & FMFR Setup + Target🧭 Technical Overview: Silver has had a strong bullish rally that started after the breakout of a long-term symmetrical triangle pattern. This breakout marked a Major Break of Structure (BOS) and shifted the overall market sentiment toward the bulls. Since then, price has been consolidating under a major resistance zone, forming a compression range, which is now shown as a blue elliptical zone in the chart. This ellipse is not just a consolidation area — it represents a neutral compression zone where price can explode in either direction. The price action inside this area has been choppy and manipulative, sweeping both local highs and lows without real follow-through — a perfect environment for a Fake Move – then Reversal (FMFR) strategy. 🔍 Key Chart Components: 🔹 1. Ellipse (Dual Directional Zone) This region shows indecision. Price is coiling inside, creating higher lows and lower highs — a volatility squeeze. A breakout from this ellipse is likely, but the first breakout move may be fake, followed by a quick reversal. 🔹 2. Major BOS (Break of Structure) Price broke out of a long-term descending structure and pushed strongly upward, which marked a significant bullish shift. The pullback after that BOS was shallow — a sign of continued strength — but now we’re at a decision point. 🔹 3. Resistance Zone (Previous Target Area) The price is now retesting a strong historical resistance around $37.00–$38.00, where we’ve seen rejections before. This is the liquidity zone where breakout traders enter long, but institutions may sweep them for liquidity before reversing. 🔹 4. Minor and Major CHoCH Levels Minor CHoCH: Around $35.00–$35.50 Major CHoCH: Near $33.80–$34.00 These are reversal zones to watch if a fake move to the upside occurs and price rolls over. 📉 FMFR Setup Explained: FMFR (First Move Fake Reversal) is a market behavior pattern where: Price fakes a breakout in one direction (e.g., above resistance). Attracts liquidity (traders’ orders). Reverses rapidly in the opposite direction, trapping those who entered late. In your chart, the blue notes say: “In This Case, XAGUSD Have to Gave FMFR From Anyside” “First Move Fake Then Reversal” This highlights that no matter which direction the market initially breaks, it’s likely to reverse shortly afterward. This pattern is often seen before major moves when the market seeks to clear liquidity. 🔄 Scenarios to Watch: 🅰️ Bull Trap (Fake Breakout) Price spikes above $37.80–$38.00. Sweeps the highs and rejects sharply. Reversal triggers below the ellipse, heading toward minor/major CHoCH. 🅱️ Bear Trap (Fake Breakdown) Price dips below $35.00 (minor CHoCH). Triggers panic sells. Then rebounds quickly into the previous high zone or beyond. ⚙️ Trading Strategy Ideas: Wait for Confirmation: Enter only after a confirmed breakout and retest OR a fakeout with reversal candles (e.g., engulfing, pin bar). Use Tight Risk Management: Place stops outside sweep zones. This setup is volatile and can trap undisciplined trades. Watch Volume & Wicks: Spikes with wicks and no close beyond the level usually confirm FMFR setups. 🔐 Key Levels to Watch: Zone Price Level Action Major Resistance $37.00–$38.00 Watch for fakeouts Minor CHoCH ~$35.00–$35.50 Reversal entry zone Major CHoCH ~$33.80 Last line of bullish defense 📝 Final Thoughts: This is a textbook FMFR compression setup, where volatility is building inside a symmetrical price zone. The first aggressive move from this region is likely to be deceptive. Smart money traders look for trap setups, not the obvious direction. Silver is approaching a high-risk, high-reward decision zone, and staying patient will be key. 📊 Wait. Observe. React — don’t predict blindly.
OANDA:XAGUSDShort
by GoldMasterTrades
XAGUSD Strong accumulation waiting for a break-out. Silver (XAGUSD) has been trading within a 3-month Channel Up pattern and since the June 18 Higher High, it has entered a Descending Triangle. This has previous been an Accumulation pattern, which after broken to the upside, it led to June's High. Similarly, we expect a bullish break-out once the 4H RSI breaks above its MA, and as long as the 4H MA200 (orange trend-line) holds, we expect a +15.50% minimum rise (like the first Bullish Leg of the Channel Up), with our Target se at 40.500. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
FX_IDC:XAGUSDLong
by TradingShot
1
Gold Market Update: Stuck in summer time range / SeasonalityGold is stuck so far last 4-6 weeks in tight range trading conditions due to summer time seasonality also strong gains previously expecting range locked conditions in July as well here's an overview of 5 years and 10 years of seasonality data by month until at least August expecting dead market conditions it's best to focus on trading the range or trading with automated algo instead. Here are the two tables showing month-over-month percent changes in gold prices (London PM fix USD/oz) for June, July, and August: | Year | June Close | July Close | August Close | June % | July % | August % | | ---- | ---------: | ---------: | -----------: | -----: | ------: | -------: | | 2023 | 1,942.90 | 1,951.02 | 1,918.70 | –0.04% | +0.42% | –1.68% | | 2022 | 1,836.57 | 1,732.74 | 1,764.56 | –5.65% | +1.80% | +1.80% | | 2021 | 1,834.57 | 1,807.84 | 1,785.28 | –1.47% | –1.48% | –1.22% | | 2020 | 1,761.04\* | 1,771.65\* | 1,968.16\* | +8.66% | +11.19% | +10.99% | | 2019 | 1,342.66\* | 1,413.39\* | 1,523.00\* | +5.29% | +7.95% | +7.74% | | Year | June Close | July Close | August Close | June % | July % | August % | | ---- | ---------: | ---------: | -----------: | -----: | ------: | -------: | | 2023 | 1,942.90 | 1,951.02 | 1,918.70 | –0.04% | +0.42% | –1.68% | | 2022 | 1,836.57 | 1,732.74 | 1,764.56 | –5.65% | +1.80% | +1.80% | | 2021 | 1,834.57 | 1,807.84 | 1,785.28 | –1.47% | –1.48% | –1.22% | | 2020 | 1,761.04\* | 1,771.65\* | 1,968.16\* | +8.66% | +11.19% | +10.99% | | 2019 | 1,342.66\* | 1,413.39\* | 1,523.00\* | +5.29% | +7.95% | +7.74% | | 2018 | 1,270.00\* | 1,230.00\* | 1,194.00\* | –1.09% | –3.15% | –3.02% | | 2017 | 1,257.00\* | 1,243.00\* | 1,280.00\* | +0.72% | –1.10% | +2.93% | | 2016 | 1,255.00\* | 1,364.00\* | 1,322.00\* | +3.24% | +8.67% | –3.11% | | 2015 | 1,180.00\* | 1,172.00\* | 1,116.00\* | –2.06% | –0.68% | –4.69% | | 2014 | 1,320.00\* | 1,311.00\* | 1,312.00\* | –0.65% | –0.68% | +0.08% | 🔍 Summary Highlights June has been weak more often than not—negative in 6 of the past 10 years. July shows modest gains overall—positive in 7 of the last 10. August is the strongest summer month—positive 6 times out of the past 10, with several double-digit y/y gains (like +10.99% in 2020).
OANDA:XAUUSDLong
by ProjectSyndicate
36