SILVER To be wise, those who are not in a trade and want to be, I'd suggest waiting to see if price will retest the trend line at 39.2650, if it does, we go in for a buy. Reason why I'm saying is price is sitting in a nice bullish channel, and could retrace a bit to about 39.0600 and either go back up or hit and bounce off the bottom trend line...Silver / U.S. Dollar forum
SILVER To be wise, those who are not in a trade and want to be, I'd suggest waiting to see if price will retest the trend line at 39.2650, if it does, we go in for a buy. Reason why I'm saying is price is sitting in a nice bullish channel, and could retrace a bit to about 39.0600 and either go back up or hit and bounce off the bottom trend line...
XAGUSD Hopefully it's gonna respect this support at 39.1 and keep pushing to the upside
SILVER Next stop 43 then 51
XAGUSD This think really dont care about what happens with other pairs D not moving at all when the Dollar is being in a pool of blood
XAGUSD 45 by August
SILVER it's trouble top here marketSILVER Silver sell now 39.200039.000
38.500
38.000
sl 39.900
SILVER pumpppppppppppppppppp
SILVER might bounce to 35, might jump to 44, who knows... I think whether it bounces to 35 or not - 44 is still gonna be reached eventually either way.
XAGUSD SILVER Silver Surges to 13-Year High as Rate Cut Bets Grow
Silver jumped to $38.9, marking its highest level since August 2011, supported by lower US yields and a weaker dollar. Fed Governor Waller signaled support for a July rate cut, pointing to softer labor data and slowing core inflation, while downplaying the impact of tariff-related price pressures. In addition, China’s efforts to strengthen key industrial sectors increased metal demand forecasts. ETF inflows into precious metals also increased, highlighting rising safe-haven interest.
Resistance is at 39.50, while support holds at 37.40.
