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Silver has outperformed gold year-to-date, driven by increasing demand. The fundamental picture for silver is positive, with demand expected to continue outpacing supply. Short-term volatility is possible due to the US election and Federal Reserve meeting. Technically, silver is at a key support level; a close above 32.60 could signal renewed upward momentum. Silver prices […]

The post Silver (XAG/USD) Technical Outlook: Bullish Momentum Building? appeared first on Action Forex.

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29/07/2024

A Sense of Hope in the Market This Monday Morning

There is a sense of hope in the market this Monday morning after Friday’s PCE data boosted the expectation that the Federal Reserve (Fed) is getting very close to signaling its first rate cut in September. The core PCE came in slightly higher-than-expected – steady at 2.6% instead of a further easing to 2.5%, but […]
30/09/2024

More Stimulus Before Holiday

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18/10/2024

Sunset Market Commentary

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