After all my bearishness with market analysis.
There is one metal that is showing semblance of hope and upside.
Gold's baby sister to follow along a Resource train in 2025.
Silver.
Now there are a few reasons we've seen upside inccluding:
Inflation Hedge:
Investors are buying silver as a hedge against rising inflation, keeping prices on the up and up 💰📈
Safe Haven Demand:
With market uncertainty, more people are flocking to silver as a safe haven, pushing its price higher 🛡️🚀
Industrial Demand Boost:
Growing industrial uses in tech and renewable energy are boosting demand for silver, driving prices up ⚙️🔋
Supply Constraints:
Limited mine output and slow supply growth are tightening the market, adding upward pressure on silver ⛏️📉
Bullish Market Sentiment:
Technical trends and positive investor sentiment signal that silver's rally is likely to continue upward 🔮📊
And of course the TECHNICALS agree.
We have seen a price break above the rim of the CUp and Handle.
The price is above the 20MA and 200MA.
So we can see the price is heading up!
What are you thoughts?
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
There is one metal that is showing semblance of hope and upside.
Gold's baby sister to follow along a Resource train in 2025.
Silver.
Now there are a few reasons we've seen upside inccluding:
Inflation Hedge:
Investors are buying silver as a hedge against rising inflation, keeping prices on the up and up 💰📈
Safe Haven Demand:
With market uncertainty, more people are flocking to silver as a safe haven, pushing its price higher 🛡️🚀
Industrial Demand Boost:
Growing industrial uses in tech and renewable energy are boosting demand for silver, driving prices up ⚙️🔋
Supply Constraints:
Limited mine output and slow supply growth are tightening the market, adding upward pressure on silver ⛏️📉
Bullish Market Sentiment:
Technical trends and positive investor sentiment signal that silver's rally is likely to continue upward 🔮📊
And of course the TECHNICALS agree.
We have seen a price break above the rim of the CUp and Handle.
The price is above the 20MA and 200MA.
So we can see the price is heading up!
What are you thoughts?
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
✅ Facebook:
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
✅ Facebook:
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.