02/11/2026
BREAKING: The precious metals complex is under heavy downward pressure this week following recent technical breakdowns. Gold is attempting to establish footing within the $3,870–$3,880 support zone, Silver is testing deeper support around $48.90–$49.40, and Platinum has extended its decline to pause near $1,420–$1,425.
While deeply oversold daily indicators suggest downward momentum may soon slow, any early rebounds will likely face stiff overhead resistance.
All eyes are now on a pivotal US economic calendar, headlined by ISM PMIs, ADP Employment, and Friday's critical Non-Farm Payrolls (NFP) report! 📊
Read the full technical breakdown at the link in our bio.