#goldsilverrally Precious metals are experiencing sharp volatility after a historic January 2026 rally, with gold jumping over 24% to nearly $5,600/oz and silver surging 60% to around $122/oz. The spike was fueled by strong central bank accumulation (notably China), rising US-Iran tensions, and tightening silver supply driven by AI and clean energy demand.
In February, prices corrected—gold easing toward $5,000 and silver near $80—amid profit-taking and expectations of a stronger dollar following Kevin Warsh’s Fed nomination. Despite the pullback, the broader trend remains positive due to persistent US fiscal pressures and ongoing industrial demand constraints in silver.
Price is trading below key short‑term moving averages, indicating more near‑term downward pressure.
Recent resistance levels have held strong, limiting upside momentum.
Volume on up‑days is weaker than down‑days, suggesting sellers still have control.
👉 Sell bias remains until PLTR breaks above resistance with strong volume.
🟡 Neutral/Watch Zone
The stock is near important support levels — if these hold, a bounce could be possible.
Short‑term indicators (like RSI) may show oversold conditions, meaning a rebound can occur before a trend reversal. 👉 Neutral — wait for confirmation before making a move.
🟢 Buy Signals (Conditional)
A break above key resistance levels with strong volume would shift momentum bullish.
If price holds above these levels and forms higher lows, that signals a stronger trend change.
👉 Bullish only with confirmation; not a buy yet on weak trend.
1️⃣ BUY when price closes above EMA 20 & EMA 50 and RSI is above 50 2️⃣ SELL when price closes below EMA 20 & EMA 50 and RSI is below 50 3️⃣ SL below recent swing low (Buy) / above swing high (Sell) 4️⃣ TP at next resistance/support or 1:2 Risk–Reward
📊 Chart for Posting
I’ve generated an illustrative XAUUSDT chart with:
$INX (4H) Price Action: On the 4-hour timeframe, INXUSDT is showing clear bearish momentum, with price forming lower highs and lower lows, indicating sustained selling pressure after the recent spike. The move suggests profit-taking and weak buyer follow-through, as candles are closing below prior support zones, turning them into resistance. Volume expansion during red candles highlights aggressive selling, while smaller recovery candles point to lack of strong bullish conviction. As long as INXUSDT remains below the recent 4H resistance area, the bias stays bearish to range-bound, with traders watching current lows as short-term support for either a bounce or further continuation downward.