Recent Gold and Silver Market Trend Analysis: Key Levels and Trading Strategies

February 20, 2026 17:35

Recently, gold and silver markets have been active, with noticeable price fluctuations, attracting many investors’ attention. From the current trend, gold has found support around 4850 and is gradually rising. It has already accumulated nearly 200 points of upward potential, which is consistent with previous technical expectations. The market will soon face new key resistance zones, and investors should closely monitor price behavior at important levels.

In terms of gold, after breaking through the previous consolidation platform, the price shows a steady upward trend. From a technical perspective, the 5080-5100 range is a significant resistance zone. This level is not only near the previous high but also corresponds to the upper band of the daily Bollinger Bands. If the price can effectively break through this area, it may further advance toward 5300. However, from a trading standpoint, chasing the high carries higher risk, and it’s more suitable to wait for a pullback to confirm support before considering an entry.

Silver’s movement is generally synchronized with gold but exhibits larger volatility. Currently, silver has formed a support base around 79.3-80, with resistance levels at 81-82. Based on volume activity, the bullish momentum for silver has not yet been fully unleashed. If it can hold above 80, there is potential for further upward testing of resistance levels.

For upcoming trades, a pullback-buying strategy is recommended. Gold should be monitored around the 4960-5000 support zone. If the price pulls back to this area and finds support, consider entering long positions with a stop loss below 4950, targeting around 5060-5100. For silver, focus on the support at 79.3-80, with a stop loss below 79, and aim for resistance at 81-82.

It’s important to note that the market still faces many uncertainties. Geopolitical tensions, changes in Federal Reserve monetary policy expectations, and inflation data can all impact precious metal prices. Therefore, in actual trading, strict risk and position management are essential, and over-leverage should be avoided. Also, pay close attention to key level breakouts; if prices fail to break through resistance effectively, a pullback risk exists.

Additionally, traders should monitor technical indicator changes. Currently, the KDJ indicator is in the high zone, and the RSI is approaching overbought levels, indicating a short-term technical correction may be needed. However, this does not alter the medium-term upward trend, and a pullback could present better entry opportunities.

Overall, the medium-term upward trend for gold and silver remains intact, but short-term consolidation or correction may occur. It is recommended to focus on buying during pullbacks, with strict stop-loss controls and proper position sizing. Long-term investors can continue holding low-position longs targeting above 5300. Short-term traders should carefully manage entry and exit timing to avoid chasing highs.

Markets are constantly changing, and the above analysis is for reference only. Specific trading decisions should be based on real-time market conditions and individual risk tolerance.