Platinum tumbled sharply, trading toward one of its more closely observed support levels. The latest charts have XPT around $1,750 when it was a little lower at one point during the day, by approximately 4.1%, and market commentary indicated that prices briefly dipped as low as $1,705. The pullback is continuing an ongoing correction from…
Bitcoin may need to climb back above $65,000 before any meaningful recovery can take hold — but getting there looks harder by the day. Market analyst Michaël van de Poppe said a break past that level could open the door to a rally toward the $72,000 to $74,000 range, yet the broader demand picture suggests…
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…