Silver is trading around the $62 mark, although a short period of time saw prices spike higher before losing steam. The recent charts indicate the market is balanced; neither the buyers nor the sellers can dictate the market in the short term. Silver consolidates from a bull market swing across several time frames. But momentum…
Uranium was trading around $85.10 per pound, just off the recent range and range highs as of the writing of this report, and awaiting subsequent support and resistance levels. Despite some lack of momentum to the upside in the most recent session, buyers have stood firm to hold up support at $84. Notably, the big…
TL;DR Spot and futures volume declined 20% compared to the weekly average, leaving the price vulnerable to thin liquidity near the $60,000 support level. The key caveat: Avoid suggesting low volume guarantees a crash; portray it as a lack of conviction from both buyers and sellers. For traders, the story matters because it affects how…
Lithium prices continued their recent pullback, with spot lithium carbonate trading below the $20,000 per tonne price; futures trading had risen significantly, and lithium-related stocks had rallied. The mixed performance underscores the differences of opinion between the physical market and the traders looking for higher demand from there on. Physical Demand and Futures Sentiment On…
Prices have risen back to near the recent bottoms, bringing in the buyers, but the charts of platinum haven't yet broken this wider downtrend. Platinum fell 1.72% to $1,630.60 an ounce, according to Trading Economics data. This upturn came after a long period of decline from the high early-2026 price, which hit the upper $2,000…
Buyers supported the lower-$58 price zone, boosting silver off its previous intraday low to settle just under $59.16. The rebound has lifted immediate downside pressure, but the charts are not yet giving a clear indication of a complete trend reversal. Price continues to be held back by a number of wider resistance levels, while momentum…
Both gold and silver entered into critical technical zones as they tried to consolidate after some selling pressure. Gold was able to break back above the $4,100 level, indicating an early move towards restoring short-term support. In the meantime, silver has settled for $58.20, with liquidation data indicating that competing pools of leveraged positions are…
China’s lithium market began the week slumped as traders were jolted by new reports that idle capacity may be coming back online sooner than previously expected. Battery-grade lithium carbonate spot prices fell 6.13% to about 157,000 yuan ($21,728) a tonne, according to data supplied by market researcher Juan Carlos Zuleta. China’s most-traded futures contract fell…
Palladium continued to be in a tight range as sellers weighed in on XPD/USD to trade it to the bottom side of the range. The common charts ranged from around $1239 to $1264, based on the market feed, while the spot data recorded losses exceeding 2% during the trading session. It joined a wider sell-off…
Platinum fell during the most recent trading session as sellers pushed the price of XPT/USD back to the $1,700 mark, which is a major psychological level. The common charts demonstrate that the market continues to muddle through a prolonged pullback from over $2,100. Spot platinum fell slightly to trade near $1,706, down from a 1.95%…