Gold and Silver Break Consolidation, Analysts See Further Upside Ahead

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Gold futures on MCX have broken out of a consolidation phase and are moving toward recent swing highs, signaling an intermediate bullish trend. Silver has similarly exited its consolidation range and is realigning with its base trend, pointing to a near-term recovery. Analysts expect silver to maintain its positive bias and push higher from current levels, mirroring gold's upward momentum. Both metals are seen sustaining their bullish outlook in the near to intermediate term.

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