The metals are capping are coiling under some fairly stubborn price resistance.
Let's see how they do if stocks take a short term drop.
Otherwise this looks like a delaying action, a cosmetic appliqué.
"All the world marveled at this, and gave their allegiance to the Beast. And they worshiped the serpent, for giving such power to him, as they also worshiped the Beast. 'Who is as great as the Beast?' they exclaimed. 'And who is able to resist him?' And the Beast was allowed to commit great blasphemies against God."
Revelation 13:3-5