Gold and Silver Technical Analysis: Inflation Fears Return as Hormuz Tensions Rise

Spot gold consolidated between 50-day and 100-day SMAs (50-day SMA hit at $4,891; 100-day SMA area $4,735); break levels cited at $4,750/$4,900. Spot silver held above $72; break above $82 toward $90 and break below $72 toward $50–$60 Perigon signal context: impact neutral, driver market specific.