After an impressive nine-week surge, gold and silver markets are taking a breather. Analysts note that both metals are facing technical resistance, prompting modest pullbacks and consolidation as the markets digest recent gains.
This retracement is widely regarded as healthy, potentially establishing strong support levels for the next upward move — provided no abrupt changes occur in monetary policy or macroeconomic conditions.
Implications for crypto:
Gold and silver are traditional hedges and safe-haven assets. As these markets pause, some investors may pivot toward cryptocurrencies, seeking alternative stores of value amid persistent inflationary pressures or debt concerns. This dynamic positions crypto as a potential beneficiary of capital rotation from precious metals.
