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On Oct. 20, gold prices continued to be pressured as three charts indicated prices were around $4,120 to $4,133. Market data showed a daily loss, but with some gains in intraday trading. TradingView’s daily chart was bearish, and the money-flow indicator was bearish. The latest readings focused on local levels of support and their level…
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Gold has come back from the 2026 highs to about $4,156 per ounce, where a vital support zone is now coming into view. One analyst considers the break below $4,140 as a nullification of the bullish setup but believes that $4,150-$4,160 is a potential area of interest for buyers. The weekly chart also indicates that…
The big drop in silver prices from $95 indicates a sharp reversal from an explosive move that had been in progress. The metal’s bull market has been curtailed by the pullback, and a longer time frame money flow indicator is negative. One analyst now believes that silver will see the lower weekly BB at $54.76…
Sharp upward movements have been followed by renewed selling pressure, and lithium prices are sending out mixed signals across the market. The lithium carbonate club has reverted from its 2026 bull market highs, and a second price series is approaching multi-month lows. Meanwhile, Lithium Americas has been far more impacted, as LAC trades just above…
Gold is trying to regain ground from a major reaction, with the next major support level to be monitored. Spot gold was about $4,124 late Tuesday, with a range of $4,104 to $4,152 for the day. The market is stuck between the prospect of a technical bounce and some ongoing upside pressure from high US…
Silver price has consolidated around $64.11 after falling short of its weekly push, while the metal price is looking for better support as it appears to be consolidating. At the time of this writing, TradingView shows XAGUSD at $64.114. Silver traded up to $64.50 for a short while before losing steam and retreating towards $64.…
The LINK price is sitting around the 8.30 level as traders are considering a structure that could be a long-term reversal. LINK has been consolidating over the last 24 hours after aggressive selling. On the flip side, analyst Chetan has summed up an Elliott Wave scenario indicating a far more significant rebound, although daily timeframe…
Price action in lithium carbonate has steadied near 142,750 yuan/tonne after pulling back from highs not seen since 2026. Battery material has seen a modest correction in the past session, adding 1,250yuan or 0.88%, as the overall trend leans toward consolidation after a robust first-half rally. Battery-grade lithium carbonate prices have been volatile as supply…
Platinum prices are trying to establish a floor in the $1,740 zone after a strong price reaction to the 2026 peak. Platinum is currently trading in the $1,736–$1,745 range as the buyers refuse to budge despite losing momentum after their recent surge. Charts indicate platinum consolidation is underway and pressure from sellers is subsiding. Platinum…