Gold and Silver sell-off continues, Silver to $45.50? EUR/USD at key support, crypto bearish [Video]

Kim Cramer Larsson KCL Consult

Gold tests 3,886 support as silver risks further losses towards 47–45.50. EURUSD shows signs of bearish exhaustion, GBPUSD targets 1.3475, JPY crosses eye breakouts, BTC and ETH remain under pressure

Forex: EURUSD remains bearish but shows signs of downtrend exhaustion near 1.11, potentially triggering a short-term rebound. GBPUSD looks increasingly bullish towards 1.3475, while EURGBP could recover towards 0.84. USDJPY remains range-bound, EURJPY is forming a potential falling wedge reversal, and GBPJPY could advance towards 213. AUDUSD faces resistance at 0.7075, while USDCAD may rebound from support near 1.39.

Precious Metals: Gold has fallen sharply towards key support at $3,886. A short-term bounce is possible, but the broader outlook remains bearish. Silver is also under significant pressure, with downside targets at $47 and potentially $45.50. Any recovery could prove temporary.

Bonds & Crypto: US 10-year Treasury yields are attempting to rebound towards 5.05–5.06%, with stronger resistance near 5.15%. Bitcoin remains bearish despite bouncing near $77,590, while Ethereum risks falling below $2,000 towards $1,900–1,800 if support at $2,170 breaks.

Author

Kim Cramer Larsson

KCL Consult

Kim Cramer Larsson hosts the Daily Technical Update, a daily 15-20 minutes video with live charts.

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