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The U.S. Federal Reserve's recent policy decision has triggered a rebound in precious metals as the U.S. Dollar and Oil prices retreated. Silver (XAG/USD) and Gold (XAU/USD) are showing renewed strength on intraday charts, with technical indicators suggesting potential for further gains. The Fed's dovish signals and uncertainty over inflation have reduced demand for the Dollar, pushing investors toward safe-haven assets like gold and silver. This shift is evident in the cross-asset correlation, where risk-on assets are underperforming while metals outperform. For traders, the move highlights the importance of monitoring central bank communications and macroeconomic data that influence Dollar dynamics. Market participants should watch for key resistance levels in XAG/USD and XAU/USD as well as any policy shifts from the Fed that could reverse the current trend. Additionally, the performance of Oil and other commodities may provide further clues about the trajectory of metals in the coming weeks.
