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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
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Sign InHeraeus Precious Metals Group has issued a warning that gold and silver are currently sending bearish signals, suggesting a pause in the recent bull market. According to a report cited by Kitco News, the exhaustion of upward momentum could lead to a consolidation phase lasting several months. Technical indicators analyzed by the group indicate that the rally which propelled precious metals to recent highs may have reached a temporary peak. This shift in market sentiment is expected to trigger profit-taking among investors and reduce speculative buying in the short to medium term. Consequently, instruments such as XAU/USD and XAG/USD may face downward pressure as the market adjusts to these new signals. Analysts suggest that while the long-term outlook remains a topic of debate, the immediate focus should be on potential stagnation or decline.