Gold Price Holds Above $4000 as Buyers Test the Next Major Resistance Level
Gold has re-emerged above the $4,000 psychological level after a powerful bounce back from the session low.
Palladium Price Tests $1,350 Resistance After a Strong July Market Recovery
Buyers pushed palladium back up from June lows to trade near $1,300. There was a big gap in the day's trading, with demand returning near the session bottom.
Lithium Market Prices Consolidate as Battery Metal Sentiment Stays Mixed
Spot trading prices for lithium carbonate maintained a sturdy trading range this week, with the posted prices above 150,000 yuan per tonne.
Platinum Price Analysis Shows Consolidation With Potential Volatility Ahead
Signaling both consolidation and significant price moves, key technical indicators suggest the market is seeking price stability.
XAG Price Analyses: Silver Prices Hover Near $60 Amid Mixed Technical Market Signals
Silver prices have been trading in a tight range following some volatility lately, and a few technicals suggest range-bound trading.
Palladium Price Analysis Shows Bearish Pressure as Falling Wedge Resistance Holds
Palladium is once again under pressure and has not been able to break out of a falling wedge resistance trendline, with price action indicating the bears have taken control.
Lithium Market Stabilizes Following Recent Price Decline
Lithium carbonate is trading around 164,500 CNY/T after pulling back from its recent highs and exhibiting some consolidation after a solid recovery.
Platinum Price Analyses: XPT Price Moves to $1,650 Amid Early July Volatility
Platinum futures started July on a slightly better footing after a few weeks of weakness that saw prices pull back from mid-June levels.
Silver Price Analysis Suggests Consolidation After Sharp Volatile Move
Silver is trading around the $62 mark, although a short period of time saw prices spike higher before losing steam.
Uranium Price Analysis Shows Recovery Building Above $85 Support
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.
Lithium Price Analysis: Spot Weakens While Futures Hint at Recovery
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.
Platinum Price Analysis Shows Rally Losing Momentum Near $1,640
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.
Silver Price Analysis: XAG/USD Tests $59 Resistance After Recovering From a Sharp Weekly Drop
Buyers supported the lower-$58 price zone, boosting silver off its previous intraday low to settle just under $59.16.
Precious Metals Rebound as Gold Targets $4,120 and Silver Holds Near $58
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.
Lithium Price Drops 6% as Mine Restart News Triggers Heavy Selling
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.
Palladium Price Analysis: XPD/USD Slides Nearly 3% as Rebound Attempts Lose Momentum
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.
