International Silver (XAG/USD) — Key Levels
These are approximate levels traders watch globally for COMEX/spot silver:
🔹 Immediate Resistance:
• $118.45 — first barrier on upside
• $119.26 — next resistance
• $120.69 — major near-term resistance zone
Pivot point currently around $117.02, trading above it suggests bullish sentiment.
🔹 Key Support Levels:
• $116.21 — first support zone
• $114.79 — secondary support
• $113.98 — tertiary support level
Holding above these keeps short-term uptrend intact.
International Gold (XAU/USD) — Key Support & Resistance Levels
📌 Current Structural Levels (Near the Current Spot)
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Support Zones:
• $4,830 – $4,920 — immediate support where buyers have historically stepped in.
• $5,000 — psychological support around a round number in strong trend scenarios.
• $5,140 – $5,220 — short-term base if correction deepens. -
Resistance Zones:
• $5,100 – $5,210 — first resistance band after recent record moves.
• $5,300 – $5,350 — higher resistance if gold pushes past immediate ceilings.
• $5,500 – $5,650+ — major longer-term resistance for breakout confirmation.
📌 Trading Notes:
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A break above immediate resistance (e.g., ~$5,210) often opens momentum toward higher zones (~$5,300+).
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A break below key support (~$4,830) could signal deeper correction risks.
📊 Technical Context & Market Dynamics
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Gold has recently reached and traded near record highs above $5,200–$5,300/oz due to strong safe-haven demand and geopolitical uncertainty.
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Analysts highlight persistent demand from central banks and investors, suggesting the uptrend may continue if support levels hold and key resistances are broken.
Domestic (India) Gold Price Support & Resistance
Domestic prices (MCX / retail gold in INR) also reflect local technical levels influenced by USD/INR and local premiums:
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Immediate Support: Around ₹1,62,800 – ₹1,60,000 per 10 g (strong base if prices correct).
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Sell Zone / Resistance: ~₹1,65,000 – ₹1,66,000 per 10 g (cap where selling pressure may emerge).
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Invalidation Level: Above ₹1,69,000 per 10 g (trend would remain bullish if this breaks).
🧠 How Traders Use These Levels
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Buy near strong support with tight risk control (e.g., the $4,830–$4,920 zone internationally).
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Target resistance levels for profit booking (e.g., $5,210 or $5,300+).
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Stop losses / trend flip signals often occur if price breaks below key support or above major resistance decisively.
⏱️ Support and resistance levels change dynamically as markets evolve; these zones are indicative based on recent price action and may shift with new data.