Gold and silver have both slipped below their July–September uptrends, but StoneX analyst Razan Hilal says the long-term bullish structure is still intact — the floor held. Gold is now testing the 78.6% Fibonacci retracement of its July–August advance, with this year's lows marking the line between a routine correction and something deeper. A recovery for gold would line up with falling U.S. bond yields, while silver needs a broader risk-on mood.
Here are the levels she is watching on both metals.
