silver to 35$ Rate Cut Expectations
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Hello Traders as I can see Silver Breaks Above $30.19 as Fed Rate Cuts Loom, Eyes $31.76 and $32.52 as Bullish Targets for the Week Ahead. Dollar Weakness and Gold Inflows Propel Silver Higher; Traders Await Fed's Upcoming Interest Rate Decision. Fed Rate Cut Expectations Soar: Markets See 57% Chance of 25-Basis-Point Cut, 43% Chance of a Bigger 50-Basis-Point Cut
is moving toward to 35$ range as we can see bull market continues on the base of FFR cut Expectations also technically chart is showing us that the descending Triangle breakout is a clear view to continue Rally till 35$. Silver prices surged last week, breaking above the $30.19 per ounce mark and confirming a bullish trend on the weekly charts. The rally brought key levels of 32.52and $35 into focus. Optimism that the U.S. Federal Reserve is preparing to cut interest rates, coupled with a weaker U.S. dollar and strong gold inflows, fueled silver’s upward move.
Dollar Weakness and Gold Inflows Drive Silver Higher. One of the key drivers of silver’s rise was the U.S. dollar’s continued decline, which hit its lowest level of the year against the yen. A weaker dollar typically boosts silver by making it cheaper for holders of other currencies. Additionally, global gold-backed exchange-traded funds (ETFs) saw continued inflows, with the SPDR Gold Trust reaching its highest levels since January. This increased demand for gold also lifted silver prices, as the two metals often move in tandem. Friends its just a trade idea make proper research before entering any trade Support the idea it will help many other traders Stay tuned for more updates ....
is moving toward to 35$ range as we can see bull market continues on the base of FFR cut Expectations also technically chart is showing us that the descending Triangle breakout is a clear view to continue Rally till 35$. Silver prices surged last week, breaking above the $30.19 per ounce mark and confirming a bullish trend on the weekly charts. The rally brought key levels of 32.52and $35 into focus. Optimism that the U.S. Federal Reserve is preparing to cut interest rates, coupled with a weaker U.S. dollar and strong gold inflows, fueled silver’s upward move.
Dollar Weakness and Gold Inflows Drive Silver Higher. One of the key drivers of silver’s rise was the U.S. dollar’s continued decline, which hit its lowest level of the year against the yen. A weaker dollar typically boosts silver by making it cheaper for holders of other currencies. Additionally, global gold-backed exchange-traded funds (ETFs) saw continued inflows, with the SPDR Gold Trust reaching its highest levels since January. This increased demand for gold also lifted silver prices, as the two metals often move in tandem. Friends its just a trade idea make proper research before entering any trade Support the idea it will help many other traders Stay tuned for more updates ....
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runningСделка активна
runningСделка активна
tp 1 and tp 2 almost reached
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