ALL Time High

Silver is attempting to extend an early rebound as buyers test important short-term pivot levels. The broader technical backdrop remains cautious, with downsloping moving averages and a lower-high, lower-low structure still weighing on sentiment.

Silver is holding inside a major long-term retracement area as traders await the PCE inflation release and the Federal Reserve decision. Technical pressure remains tilted lower unless buyers reclaim the key pivot and challenge the major moving average.

Spot Gold is edging lower while holding above a major retracement support zone, leaving traders focused on whether XAU/USD can form a secondary higher bottom. Technical resistance remains heavy below the 52-week moving average, while elevated oil prices keep inflation and December Fed risk on the market’s radar.

The S&P 500 is trading in a tense technical zone as chart watchers weigh a possible pullback toward 7,600 before a larger advance. Oversold breadth readings are reinforcing the rebound case, but a break below 7,507 would shift attention toward 7,350 under a bearish setup.

Gold is pressing higher as buyers defend the rebound after Tuesday’s rejection, with CPI now set to determine whether momentum extends or stalls. A move through $4,435.25 would reopen the upside path, while a break below $4,356.70 could expose a wide support gap.

Bitcoin is trading near $64,000 after spending 307 days inside the $60,000 to $70,000 band, one of the longest range-bound stretches in its history. On-chain data shows a major cost-basis cluster between $58,000 and $64,000, reinforcing why traders are watching current levels closely.