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Intelligence on gold & silver.

Throughout the week, our Senior Metals Strategist breaks down important news, price action & technical levels - providing clarity on what's driving the market.

Market recapOutside developments driving gold, silver, platinum, and palladium.

Technical analysisKey support and resistance levels, moving averages, and chart patterns to watch.

Macro contextFed policy, the dollar, oil, and geopolitical factors that move metals prices.

Actionable levelsClear price targets — what to watch for to spot a bullish or bearish shift.

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Each daily report covers price action across all four precious metals, with in-depth technical and macro analysis on gold and silver.

Zaner Metals Daily Report
Monday · May 18, 2026
Gold · XAU/USD
$4,580.00
▼ -$166.22 (-3.51% 5d)
Silver · XAG/USD
$75.45
▼ -$8.555 (-9.94% 5d)
Platinum · XPT/USD
$2,027.15
▼ -1.66%
Palladium · XPD/USD
$1,480.45
▼ -3.53%
Outside Market Developments
Markets begin the week in risk-off mode as traders continue to digest last week's underwhelming summit between Presidents Trump and Xi. The talks resulted in modest progress on trade but yielded no breakthroughs on thorny issues like Taiwan and Iran.
Gold
Gold extended to six-week lows in overseas trading on Monday, weighed by ongoing uncertainty on several fronts and an underpinned dollar. With gold trading below the important moving averages, and key short-term support at $4,503 negated, a challenge of the rising 200-day MA at $4,365 must be considered…

Silver probed briefly below the $75 level on Monday, weighed by heightened Middle East tensions, a lack of clarity on trade with China, and ongoing uncertainty about Fed policy under Chairman Warsh. While the white metal recovered intraday…

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