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Market Overview
MTL/USD closed at 0.479, reflecting a modest increase of 0.42% from the previous close of 0.477, yet the pair remains in a downtrend with a 30-day return of -4.01%. The price has fluctuated between a recent high of 0.508 and a low of 0.472, indicating persistent bearish pressure. No significant upcoming events are currently noted that might alter this trajectory. Technically, the 20-day moving average stands at 0.480, the 50-day near 0.481, and the 200-day at 0.490, with the RSI suggesting weakening momentum. Nearest support is at 0.472 and resistance at 0.50. For information only.
Last Updated 10/30/25

Sam Bourgi is an analyst, writer and financial market commentator featured in and cited by U.S. Congress, Department of Justice, Chicago Board Options Exchange, Barron's and Forbes. He covers stocks, bonds, mutual funds, ETFs, forex, Bitcoin, cryptocurrency, real estate and macroeconomics. He has written over 25,000 articles and over 40 whitepapers and e-books.