Precious Metals Keep Sliding As Forced Selling Tests Long-Term Support

2026-02-02 - 09:05

Key Points The late-week crash in gold and silver extended into Monday’s Asian hours, keeping liquidation pressure alive. Both metals are now sitting on their 50-period moving averages on weekly charts, a level many traders treat as support. A stronger dollar, rising margin demands, and exchange curbs are colliding with an overcrowded trade. The selloff