PRECIOUS METALS | Gold Sees Bottom Accumulation as Funds Test Support; Silver Faces Overhead Pressure

Gold has seen accumulation at lower levels, with funds providing tentative buying support, and a rebound could develop if inflation cools. According to Jin10, the view is that gold may be able to base its recovery on the current concentration zone of holdings if inflation shows signs of easing. For silver, multiple overhead concentration areas are described as creating resistance, and the key question is whether prices can return to the middle concentration peak.