Gold and silver extend losses as key support levels hold
From kitco.com
Precious metals continued their sharp retreat today, with both gold and silver failing to reclaim critical technical levels that had previously served as support, triggering further liquidation in an already fragile market environment. The renewed weakness underscores the severity of the technical damage inflicted during last Friday's historic sell-off and raises questions about the sustainability of what had been the most powerful bull runs in metals history. As highlighted in our previous analysis, the inability of silver to regain the $90/oz threshold and gold's failure to recapture the $5,000/oz level represented ...
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