FxAnalysis

Copper remains strongly bullish as AI and infrastructure demand drive momentum, with $6.50 acting as support and $6.80 as the next key upside trigger.

Silver remains bullish but stretched near $90 resistance, with $80 acting as short-term support if rising US yields trigger a pullback.

Gold continues to trade sideways as high interest rates weigh on momentum, with $4,600–$4,500 acting as support and $4,800 as the key resistance level.

EUR/USD is bouncing from 1.17 support but remains trapped in a tight range ahead of Friday’s US jobs report and ongoing bond-market volatility.

Bitcoin is drifting lower but remains constructive above $72,000, with traders watching for a V-shaped bounce to retest the 200-day EMA and $84,000.

Indian authorities have stepped up efforts to protect the country’s foreign-exchange reserves and stabilize the Indian Rupee. Gold purchases are one area in focus, but the crackdown on the precious metal could end up creating a bigger problem than the one it is trying to solve.