Oro, plata y platino, en mínimos anuales: ¿Fin del sueño dorado? | Adrián Aquaro | Pulso de Mercado

Gold, silver, and platinum reached their lowest levels of the year this week. Gold has lost more than $1,600 from its all-time high in late January, when it was approaching much higher, while silver and platinum have lost half their value from their own record highs, which they also reached in the final days of January. A combination of factors is influencing these movements, which are surprising, but only partially so. The highs that the three metals reached in January did not seem to be in line with the rest of the markets. The current decline appears to be a price readjustment after an overreaction that began in late 2025 and ended abruptly at the close of January. In any case, the metals still show strong gains when considering 2025, although this changes if the starting point is 2026. The downward trend in gold, which is now beginning to take shape, could accelerate in the coming days. The $3,700 level is looming. Of course, it will depend on the behavior of the dollar, which is showing a strength that is difficult to explain based on the news and closely resembles a speculative movement. With the euro at 13-month lows, the pound sterling at 8-month lows, and the yen nearing 40-year lows, it's no surprise to see gold at its current levels. The oversold condition of the metal these days could limit its short-term decline. Silver still maintains a long-term upward trend. Its behavior in the coming days will depend on the other major assets, so maintaining this trend will depend on several factors beyond its own control. Platinum, on the other hand, is falling without much mitigation. But if we're talking about falling prices, oil is leading the way. WTI futures had reached $120 twice in recent months, but have now dropped $50 and are in the price range prior to the Middle East conflict, the end of which still seems uncertain. The underlying reason for these movements is clear; The possibility that the Fed could raise interest rates in the coming months, given rising inflation and a growing labor market, is a factor. If oil prices continue to fall, and there are reasons to believe they will, inflation will stop rising, and the Fed will reconsider its stance. Will this be enough to change its position and keep the rate at the current 3.75%? It's likely. But for now, everything favors the dollar, and barring any corrections, its short-term upward trend will not change. In this video, we analyze the current situation of the main commodities and their outlook for the coming days. We look forward to your comments! 0:00 Introduction 00:39 Overview and Fundamental Analysis of Oil 08:37 Technical Analysis of Oil 10:14 Fundamental Analysis of Gold 12:56 Technical Analysis of Gold 14:38 Fundamental Analysis of Silver and Platinum 17:17 Technical Analysis of Silver and Platinum 20:10 Fundamental Analysis of Natural Gas 21:38 Technical Analysis of Natural Gas 22:53 Closing Adrian Aquaro has been an electronic financial markets trader since 2002 and a trainer of traders since 2005. Throughout his career, he has given courses, lectures, and presentations in 18 countries. He is a columnist for various financial media outlets and has developed his own educational format, the "Traders' Tournament," which he has been running since 2007.   / adrian_aquaro   #MarketPulse #AdrianAquaro #Commodities #Gold #Silver #Platinum #Oil #NaturalGas #Geopolitics #FinancialMarkets #Investments #Trading #MarketAnalysis #GlobalRisk #Energy #PreciousMetals _____ 👉 Discover our brand and philosophy: https://www.swissquote.com/es-row/pri... _____ 👉 Deepen your trading and investment knowledge with our Inspire section: discover articles, analyses, webinars, and exclusive content: https://www.swissquote.com/private/in...