Gold and Silver Recover as US Extends Iran Ceasefire, But Technical Weakness Emerges
Gold and Silver stabilized after the US extended the Iran ceasefire, cushioning markets from immediate escalation fears and preventing a deeper selloff. The move offset earlier weakness triggered by the cancellation of JD Vance’s planned diplomatic trip. However, technical developments suggest both metals are becoming increasingly vulnerable to a near-term bearish reversal, with selling likely…