Precious Metals Selloff,Palladium Plummets 7.01%
📊 Market Overview
The precious metals market on October 21, 2025 shows dynamic activity amid evolving economic conditions and safe-haven demand. Below is a comprehensive breakdown of each metal’s performance, technical indicators, market news, and outlook.
Performance Summary
| Metal | Price | Daily Change (%) | MA21 | MA50 | MA100 | MA200 | RSI | MACD |
|---|---|---|---|---|---|---|---|---|
| Gold | $4135.70 | -5.12% | $3977.70 | $3706.49 | $3528.81 | $3281.05 | 60.66 | 151.64 |
| Silver | $47.96 | -6.66% | $47.80 | $43.37 | $40.19 | $36.31 | 52.97 | 2.03 |
| Platinum | $1536.50 | -7.00% | $1605.97 | $1469.21 | $1397.44 | $1189.68 | 47.07 | 45.39 |
| Palladium | $1429.50 | -7.01% | $1383.58 | $1241.73 | $1194.32 | $1076.90 | 54.71 | 86.01 |
🥇 Gold
Current Price: $4135.70 (-5.12%)
📈 Technical Analysis
Gold is currently trading at $4135.70, reflecting a daily decline of 5.12%. The price remains significantly above key moving averages: MA21 at $3977.70, MA50 at $3706.49, MA100 at $3528.81, and MA200 at $3281.05, indicating bullish momentum in the medium to long term.
The Relative Strength Index (RSI) at 60.66 suggests that gold is nearing overbought territory, potentially signaling a price pullback if momentum softens. Furthermore, the MACD reading of 151.64 supports a positive trend, as it remains above its signal line.
Key support levels are identified at MA21 and MA50, with resistance observed around recent highs. Investors should watch for any signs of trend reversal or consolidation. A sustained break below MA21 could lead to further downside, while a rebound could test the previous highs. Overall, the outlook remains cautiously bullish, contingent on market
🥈 Silver
Current Price: $47.96 (-6.66%)
📈 Technical Analysis
Silver is currently trading at $47.96, reflecting a notable daily decline of 6.66%. The price remains above its 21-day moving average (MA21) of $47.80, indicating short-term bullishness, while also well above the longer-term moving averages (MA50 at $43.37, MA100 at $40.19, MA200 at $36.31), suggesting robust overall strength in the medium to long term.
The Relative Strength Index (RSI) at 52.97 indicates neutral momentum, suggesting that silver is neither overbought nor oversold at this level. The MACD value of 2.03 points to a bullish trend, though a close watch for potential divergence is warranted given the recent price drop.
For immediate support, the $47.00 level may act as a psychological barrier, while resistance appears to form around $50. To maintain an upward trajectory, silver must remain above the MA21, with attention to broader market conditions
⚪ Platinum
Current Price: $1536.50 (-7.00%)
📈 Technical Analysis
Platinum is currently trading at $1536.50, reflecting a significant daily decline of 7.00%. The current price is positioned above the 50-day moving average (MA50) at $1469.21, suggesting that the medium-term outlook remains somewhat bullish. However, the price is notably below the 21-day moving average (MA21) of $1605.97, indicating recent bearish momentum.
The 100-day and 200-day moving averages further illustrate a long-term bullish trend, with notable support around $1397.44 (MA100) and $1189.68 (MA200).
The Relative Strength Index (RSI) at 47.07 indicates that platinum is neither overbought nor oversold, while a MACD value of 45.39 suggests weakening momentum.
Currently, the price appears to face resistance near $1600, with support at the MA50. Traders should monitor for potential breakouts or rebounds around these levels
💎 Palladium
Current Price: $1429.50 (-7.01%)
📈 Technical Analysis
As of the latest data, palladium is trading at $1429.50, reflecting a daily decrease of 7.01%. The asset is positioned above its 21-day moving average (MA21) of $1383.58, indicating a potential bullish trend; however, the current price action suggests a short-term pullback. Key support is seen at the MA21, while resistance levels are identified around the recent highs above $1500.
The Relative Strength Index (RSI) is at 54.71, indicating that palladium is neither overbought nor oversold, suggesting a balanced momentum. Meanwhile, the MACD value of 86.01 demonstrates positive momentum but warrants caution, given the recent significant decline.
In summary, while palladium maintains an overall bullish posture with strong longer-term moving averages, the recent decrease may lead to a test of support around the MA21. Traders should watch for a potential rebound or consolidation in this area before making further investment decisions.
Disclaimer
The content on MarketsFN.com is provided for educational and informational purposes only. It does not constitute financial advice, investment recommendations, or trading guidance. All investments involve risks, and past performance does not guarantee future results. You are solely responsible for your investment decisions and should conduct independent research and consult a qualified financial advisor before acting. MarketsFN.com and its authors are not liable for any losses or damages arising from your use of this information.
