Precious metals bouncing back [Video]

Dale J Pinkert Independent Analyst

Trading highlights a rebound in precious metals, with the Coach covering yesterday’s reversals in gold, silver, and platinum. He also shares a potential head-and-shoulders top forming in copper, addresses prevailing “man on the street” negativity toward the U.S. dollar, and comments on Bitcoin’s recent low as well as WTI’s attempt to push toward new recovery highs.

Author

Dale J Pinkert

Independent Analyst

Former Member of the Chicago Mercantile Exchange (IOM Division), Dale's market forecasts have been aired on Financial Television and Radio station including CNBC.

EUR/USD clinches fresh tops around 1.1960

EUR/USD picked up where it left off on Monday, climbing toward the 1.1960 area for the first time since June 2021. The renewed push higher comes as demand for the US Dollar continues to fade in a context still favourable to the risk complex, with investors once again focusing on tariff-related risks tied to the White House.

GBP/USD pushes harder, targets 1.3800

GBP/USD is pushing to fresh multi-month highs, approaching the 1.3800 mark, with broad-based US Dollar weakness firmly in control on Tuesday. The Greenback remains under pressure after fresh headlines suggested President Trump has reignited the trade war, denting confidence in the currency ahead of the Federal Reserve’s policy decision.

Gold recedes from tops, back to the $5,050 zone

Gold remains firmly bid on Tuesday despite giving away some of its earlier gains and edge back toward the $5,050 region per troy ounce. The precious metal continues to find support from a struggling US Dollar, alongside persistent uncertainty surrounding trade policy and broader geopolitical risks.