Gold: Sentiment stabilizing after sell-off – OCBC Bank
Source Fxstreet
The report from OCBC Bank, authored by Sim Moh Siong and Christopher Wong, notes that Gold and Silver have rebounded due to dip-buying interest as liquidation pressures eased. However, sentiment remains cautious, and the report anticipates consolidation rather than a trend reversal. The year-end forecasts for Gold and Silver remain at USD5,600/oz and USD133/oz respectively.
Gold and silver rebound on dip-buying
"The rebound suggests that forced selling and margin-related liquidation pressures may have faded, at least for now."
"While positioning has likely reset to some extent, confidence may not have fully restored, pointing to a potential period of choppier, two-way trading."
"We stick to our year-end forecasts for gold and silver at USD5,600/oz and USD133/oz respectively."
(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor.)
Disclaimer: The content available on Mitrade Insights is provided for informational and marketing purposes only. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and is not subject to any prohibition on dealing ahead of the dissemination of investment research
Nothing in this material constitutes investment advice, personal recommendation, investment research, an offer, or a solicitation to buy or sell any financial instrument. The content has been prepared without consideration of your individual investment objectives, financial situation, or needs, and should not be treated as such.
Past performance is not a reliable indicator of future performance and/or results. Forward-looking scenarios or forecasts are not a guarantee of future performance. Actual results may differ materially from those anticipated.
Mitrade makes no representation or warranty as to the accuracy or completeness of the information provided and accepts no liability for any loss arising from reliance on such information.
Nothing in this material constitutes investment advice, personal recommendation, investment research, an offer, or a solicitation to buy or sell any financial instrument. The content has been prepared without consideration of your individual investment objectives, financial situation, or needs, and should not be treated as such.
Past performance is not a reliable indicator of future performance and/or results. Forward-looking scenarios or forecasts are not a guarantee of future performance. Actual results may differ materially from those anticipated.
Mitrade makes no representation or warranty as to the accuracy or completeness of the information provided and accepts no liability for any loss arising from reliance on such information.
Recommended Articles
Pi Network Price Annual Forecast: PI set for rocky 2026 as community eyes real-world utilityPi Network (PI) crashed by over 90% in 2025 from its all-time high of $3.00, with minor recovery along the way. The downfall was fueled by low investor confidence as mainnet migrations increased token deposits on Know Your Business (KYB) verified exchanges.
Pi Network (PI) crashed by over 90% in 2025 from its all-time high of $3.00, with minor recovery along the way. The downfall was fueled by low investor confidence as mainnet migrations increased token deposits on Know Your Business (KYB) verified exchanges.
Pi Network Price Forecast: PI rebounds slightly but selling pressure persistsPi Network (PI) edges higher by 1% at press time on Tuesday, signaling a minor recovery after recording a fresh record low of $0.1502 on Monday. Mainnet holders have withdrawn over 4 million PI tokens from centralized exchanges supporting Pi Network over the last 24 hours.
Pi Network (PI) edges higher by 1% at press time on Tuesday, signaling a minor recovery after recording a fresh record low of $0.1502 on Monday. Mainnet holders have withdrawn over 4 million PI tokens from centralized exchanges supporting Pi Network over the last 24 hours.
Zcash Price Forecast: ZEC bears eye levels below $300 as bearish momentum buildsZcash (ZEC) price is trading below $365 on Tuesday, after closing below the key support zone the previous day. The bearish narrative for ZEC strengthens as metrics show sell-side dominance rising and funding rates turning negative.
Zcash (ZEC) price is trading below $365 on Tuesday, after closing below the key support zone the previous day. The bearish narrative for ZEC strengthens as metrics show sell-side dominance rising and funding rates turning negative.
Gold stocks lead sell-off in Australian shares ahead of central bank meetingAXJO closes down 1% in worst day in two monthsGold miners down 7.2%, worst day since late OctoberRBA expected to hike interest rate - Reuters pollBy Shruti Agarwal Feb 2 (Reuters) - Australian shares clocked their steepest losses in two months on Monday, weighed down by precious and base metal m...
AXJO closes down 1% in worst day in two monthsGold miners down 7.2%, worst day since late OctoberRBA expected to hike interest rate - Reuters pollBy Shruti Agarwal Feb 2 (Reuters) - Australian shares clocked their steepest losses in two months on Monday, weighed down by precious and base metal m...
Silver Price Forecasts: XAG/USD rises beyond $87.00 after a two-day selloffSilver (XAG/USD) shows moderate gains on Tuesday, trading at $87.05 at the time of writing. The white metal found some footing after plummeting more than 30% in the previous two trading days, hitting one-month lows right below the $72.00 line.
Silver (XAG/USD) shows moderate gains on Tuesday, trading at $87.05 at the time of writing. The white metal found some footing after plummeting more than 30% in the previous two trading days, hitting one-month lows right below the $72.00 line.
Related Instrument
