Silver Price Forecast: XAG/USD Manages Firm Footing Above $29 as Fed Early Rate-cut Bets Surge
Silver price holds the $29.00 support as investors see the Fed returning to policy-normalization from September.
Silver suddenly experienced fierce selling! The price of silver fell nearly 2% during the day. The latest analysis of silver trade by well-known institutions.
During Tuesday's Asian market session, spot silver experienced a sudden severe sell-off, and the silver price is currently around $29.15 per ounce, with a daily drop of nearly 2%. According to Economies.com, as long as the silver price stays below $29.30 per ounce, the outlook remains bearish.
The perfect storm for the precious metals bull market! Gold and silver are booming hand in hand. Analyst: There is no end in sight!
Then play music, then dance.
April 29 Technical Analysis Report: Spot Gold, WTI Crude Oil, CBOT Corn
This article summarizes the latest opinions of economies.com analysts today, including spot gold, WTI crude oil, and many other varieties!
ETF Daily | A number of ARK funds are approaching new highs, and 6 industrial hemp ETFs rose more than 7% overnight
NASDAQ futures rose 0.68% to reach an all-time high, and the NASDAQ ETF tripled and rose more than 2% before the market. API crude oil inventories fell, and the two-fold long crude oil index ETF closed up nearly 4% yesterday.
ETF Daily | Hang Seng Index once returned to the 10,000 mark, doubling the long ETF surged 13% in two days
The US stock futures index rose nearly 1%, and the NASDAQ ETF tripled higher than 3% before the market and closed up more than 7% yesterday. CME raised the margin for New York silver futures by 18%, while the main bank fell sharply by 6%.
ETF Daily | Silver futures surged 12%, double-long ETFs soared 23% before the market
NASDAQ futures rose nearly 1%, and NASDAQ ETFs tripled higher than 3% before the market. The Hang Seng Technology Index surged more than 400 points, and Hang Seng Technology rose nearly 8%, twice as long in the South.
Change Direct strike | China Silver Group rose by more than 21%, and silver futures rose by more than 12% in 3 days.
As of press time, Zijin Mining Group is up more than 8%, Zhaojin Mining and Shandong Gold Mining are both up more than 2%.
Baiyin jumped in the air and opened 6% higher! Several precious metals platforms in the US were “forced” to suspend silver sales
Has the flames of war spread to the physical silver market?
Legendary investor Rogers: Don't short the US dollar in the short term, be optimistic about gold and silver in the long term, and search for stocks affected by the epidemic
If the focus is on the long term, Rogers is more optimistic about gold and silver, especially silver, which is at a historic low.