technical

Silver faced sharp selling on Friday after touching $54, with overbought conditions and growing retail interest signaling caution as volatility returns.

Will the US and China find a way to resolve trade issues? Will the US government reopen? These issues weigh on investors’ minds, but at least some economic data is coming this week. 

The Pound Sterling (GBP) found fresh buyers once again near the 1.3250 area when compared with the US Dollar (USD), pushing GBP/USD higher toward the 1.3500 threshold.

Gold’s (XAU/USD) parabolic rally showed no signs of slowing down and lifted the price to a new record-high above $4,370 on Friday before correcting lower.

The EUR/USD pair started the week on the wrong footing, as a dismal market mood benefited the US Dollar (USD). The pair, however, quickly changed course as turmoil came from the United States (US).

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