Investing.com data showed platinum spot at $1,900.83, down $35.08, or 1.81%, on the day. Platinum weakened during the latest session as XPT/USD fell toward the $1,900 area, with sellers keeping pressure after an earlier intraday recovery failed. Meanwhile, the short-term futures chart showed only a mild bounce. TradingView placed XPTUSDT perpetuals near $1,906.10 at the…
Hedera weakened over the past 24 hours, but short-term charts still show buyers defending the broader recovery zone. BraveNewCoin data placed HBAR at $0.09587, down 4.26%, after the price moved between $0.09387 and $0.10 during the session. Meanwhile, Crypto Tony said he is waiting for a “dip and pump” setup on HBAR. His chart points…
China's lithium futures market rebounded while the spot market continued to be pressured on the day's trade. According to Mysteel’s May 29 newsletter, the GFEX top traded lithium carbonate contract has gone up 1.97% to 178,860 yuan, and the battery grade lithium carbonate index has decreased 0.71% to 175,550 yuan. Breadth of the market also…
Palladium prices have come under renewed pressure and have been dragged down to new cycle lows, with several analysts now closely monitoring to see whether the precious metal will find its footing. Hedgeye, in a chart posted, noted the precious metal had shed 8.3% in the past month and remained “uninspiring in PALL terms.” Meanwhile,…
The silver move coincided with a rising inventory of the same metal in SHFE vaults and a deteriorating chart structure from the side of the platinum analysts. Silver was broadly down, and platinum had fresh technical weakness in precious metals in Shanghai. Silver and gold, palladium and platinum also ended the session down, with silver…
The silver price came under pressure back near $75 as the metal failed to resume its upward trend. The longer-term chart shows a solid advance, albeit with a brief cooling period in the move. In this article, we’ll dissect the Investing.com, TradingEconomics, and TradingView charts to determine where silver is now, where silver is supported,…
Iran’s nuclear position returned to the center of global market attention after conflicting reports over the country’s enriched uranium stockpile. A recent report said that Iran’s Supreme Leader had directed that near-weapons-grade uranium should not be sent abroad, a move that would harden Tehran’s stance in peace talks with Washington. However, a senior Iranian official…
Lithium prices pulled back on May 20 as traders weighed [...] Lithium prices pulled back on May 20 as traders weighed improving supply expectations against still-tight near-term ore conditions. Mysteel New Energy data showed broad weakness across lithium carbonate indexes, with futures and spot prices both slipping during the session. The decline did not erase…
Gold, silver, and platinum traded mixed as metals continued testing important trendline support zones. Analyst Ian Cooper said gold was up 0.2% and silver gained 0.9%, while platinum dropped 0.6% at the time of his update. Cooper noted that all three metals remain focused on the orange trendlines shown on his charts. While prices stay…
Analyst Kamile Uray said the $70.783 low remains important, as holding that area could allow a new rebound attempt. Silver continued to trade sharply lower as XAG pulled back from its recent rally and tested key technical support zones. Momentum readings also show pressure may be stretched in the short term. Uray said RSI has…