Key highlights: Gold pulls back after a strong rally, raising questions about whether momentum is cooling or resetting. Lower open interest and weaker volume point to reduced participation, not heavy selling. Analysts see consolidation forming, with inflation and geopolitical risks still key drivers ahead. Gold has declined slightly, and based purely on recent price action, […]
Tag: COMEX
By Afe Funbi Key highlights: Institutions shorted silver all week to protect options positions, creating artificial selling pressure ahead of expiry Inverse head and shoulders pattern forming on chart with neckline at $75, a break could target $85 to $90 Mechanical buying from short covering could spark sharp rally now that options have expired Big […]
By Jon Nielsen Silver has been on a rollercoaster ride in 2026 so far, surging to new all-time highs at $121 on January 29 before cratering all the way down to a local bottom of $65 earlier today. Since then, the precious metal has displayed a bounce to $76, creating some solid distance from the […]