SILVER seems bearish if long stay cautious.CFDs on Silver (US$ / OZ) forum
SILVER seems bearish if long stay cautious.
SILVER have great selling opportunity. what you think about it.
SILVER secure your profit if you went long, looks weak. low volume.
SILVER Must be past 8:30 in NY
XAGUSD SILVER Trade Uncertainty and Fed Stance Keep Silver Prices Elevated
Silver held at $32.50 per ounce after a 4.4% weekly gain, as trade tensions and U.S. inflation data kept investors cautious. Uncertainty grew after Trump warned of new tariffs on Canadian dairy and lumber, following a U.S. delay on 25% tariffs for Canadian and Mexican goods. Canada upheld retaliatory measures, while China’s tariffs on U.S. agriculture took effect. Concerns deepened after Trump avoided recession and inflation questions in a Fox News interview. Fed Chair Powell signaled no rush for rate cuts despite rising economic risks.
If silver breaks above $32.75, the next resistance levels are $33.15 and $33.80. On the downside, support is at $31.00, with further levels at $30.20 and $29.75 if selling pressure increases.
SILVER Reversal Bulls Eye again.for reference here's the Analysis that I posted.
Idea: $XAGUSD pullback before going …
SILVER Don’t be trapped buyers .. Technical analysis and overbought show it’s strong selling week sessions. Will fall down to $31.2.
SILVER Took the short after the trend was broken, we will see some bearish movement here.SILVER Bulls Eye! if you check my Idea and Analysis. it did happen. Now let's see if support 31.9 will be sustained and bounce back from there.