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.
Silver / U.S. Dollar (per 0.1) forum
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.
SILVER the target of 100 dollar was also in 2 years
SILVER bearish divergence? I don't think so...price should continue to break the trend line...(possibly after a small retracement as I mentioned before) but I'm sure of a bullish continuation
SILVER needs to cool off. Bearish divergenceSILVER Very nice bullish movement, however, it will be interesting to see what happens next. Price is sitting just below 39.000 and while price has lost some momentary momentum, it can retrace to around 38.8060, and then do one of two things: 1. head back down due to price following a strong bullish channel, or 2. after the retracement head back up and work past 39.000...
SILVER sell now entry point 3400
tp 3395
tp 3390
tp 3380
sl 3408
SILVER vote for sellres
SILVER What's their next move, to not lose control?