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COMEX -XAUUSD/XAGUSD Bullion Report update of 24th Aug 2026

By August 24, 2026No Comments

Fundamentals for the Day

11.30 pm Treasury Sec Bessent Speaks

Latest News

Trump on Canada: They have charged our great farmers, for many years, massive amounts of tariffs. No more!
Carney: Canada Has Suspended Trade Negotiations With US
*CARNEY SAYS CANADA TO MATCH US TARIFFS DOLLAR FOR DOLLAR
Canada Sees Long Trade War With Us That May Last Past Midterms

Effect: Trade war between US-CANADA start with Tariff at the same time Canada Retaliate by US Tariff this will only upside for Gold – where it is moving towards 4773$ straight away.

In one line Gold is in open Buy as well as Silver

XAUUSD – Gold

Range: 4594$ – 4773$

Our Preference: Buy Gold @ 4605$+ for target 4773$ with SL 4584$ below only if sustain

Alternative Scenario: Buy Gold @ 4553$ for target 4689$ & 4773$ with SL 4533$ below only if sustain

ZIGZAG Point

4689$ sell for jobbing only with SL 10$

XAGUSD – Silver

Range: 67.77$ – 74.80$

Our Preference: Buy Silver @ 67.77$ for target 70$ & 74.80$ with SL 67.10$ below only if sustain

Trading Zone

70$ Momentum Sell – with Breakout Buy above 70.60$

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