To The Moon

$Gold - main 2512(GCmain)$ : print US$4,190.9/oz on Tuesday – first ever daily close > US$4 k on Monday .

Technicals: 5-DMA > 10-DMA > 50-DMA ribbon, RSI 78 (overbought but not divergent).

• Next resistance cluster US$4,120-4,150 (161.8 % Fib vs 2022-24 range);

• trend-line support US$3,940,

• then US$3,850 (50-DMA) – buy-the-dip zone while above US$3,850.

$Silver - main 2512(SImain)$ : fresh 11-yr high US$51.71/oz, +76 % YTD.

• Break-out measured-move target US$54-55 already implied; RSI 82,

• highest 14-day ATR since 2011 → risk of 8-10 % whip-saw.

• Support US$48.2 (prior resistance) then US$45.3 (200-hr cloud).

• Gold/Silver ratio: 79 → still > 30-yr mean 67; mean-reversion trade keeps silver bid on any gold strength.

• Macro tail-wind: Fed “insurance” cut odds for Nov ~92 %, 10-yr real yield -1.36 %, DXY 100.5 (yr-to-date low) – real-rate downtrend lines up with US$4,200-4,300 gold projection by yr-end.

• Caution: COT net-long gold at 92-percentile; ETF holdings (-7.6 Moz last wk) show profit-taking. A daily close < US$3,940 gold / US$47 silver would signal at least a 4-6 % pullback – use as entry window, not trend reversal .

• Bottom line: momentum is parabolic; stick with the trend but size for 15-20 intraday volatility.

Institutional Forecast Round-Up

Gold (oz)

• $Bank of America(BAC)$ : US$5,000 by end-2026 (avg US$4,400) – most bullish on the Street

• $Goldman Sachs(GS)$ : US$4,900 Dec 2026 (base US$3,700 Q4-25; upside case US$4,500 if recession)

• $Standard Chartered PLC(SCBFF)$ : US$4,488 average 2026

• $JPMorgan Chase(JPM)$ : US$4,000 Q2-2026 (every +100 t/qtr demand = +2 % price)

• $Citigroup(C)$ : US$4,300 Q4-2026; risk-case US$5,000 if stagflation

Silver (oz) $iShares Silver Trust(SLV)$ $Sprott Silver Miners & Physical Silver ETF(SLVR)$ $SilverCrest Metals Inc(SILV)$

• Citi, JPM, Saxo: US$38-40 during 2025

• Alan Hibbard (GoldSilver): US$40 in 2025, new ATH US$52.50 in 2026

• InvestingHaven: cycle peak US$75 by 2027, US$80 possible 2030

Bottom line: charts are parabolic-overbought but no bearish divergence; strategists see ≥20 % further upside into 2026 as long as support shelves hold.

The image displays a news headline in bold black text on a white background stating Bank of America Just Dropped Jaw-Dropping Forecasts: Silver At 65, Gold At 5000 In 2026. Below it credits Piero Cingari from Benzinga Newswire. The article excerpt explains Bank of America stunned Wall Street with a bold call on precious metals, raising 2026 forecasts for gold to 5000 per ounce and silver to 65 due to supply tightness, policy uncertainty, and surging investment demand with no signs of slowing.