Silver Eyes Breakout: Technical Perspective Silver is currently near the $25 mark, signaling a potential upward breakout. This interest is partly due to expectations of the Federal Reserve’s supportive monetary policies, which typically benefit precious metals. Unlike gold, silver’s identity fluctuates between an industrial and a precious metal, influenced by current market trends. Presently, it’s acting more as a precious metal, though green initiatives worldwide could also push its price. The $26 resistance level is significant, suggesting strong market defense against further increases. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Global Gold Demand Hits Eight-Year High in Q1, Fueled by Investment and Central Banks READ MORE Precious Metal Continue Climbing on Expectations of Rate Reduction READ MORE Gold Prices Climb Near $2,350 Amid Holiday-Thinned Trading READ MORE Dollar Tumbles as Traders Anticipate Fed Rate Cuts Following Inflation Data READ MORE Gold and Bitcoin: Vital Challengers to Fiat Currencies READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment