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 Bonds Rally, Stocks Dip Following First Presidential Face-Off READ MORE Gold Soars to New Heights as Fed Rate Cut Hopes Intensify READ MORE Which Commodities Are Doing the Best in 2023? READ MORE Currency Expert Predicts De-dollarization Will Fail and Backfire READ MORE Core PCE Remains Above Fed Target Despite Slight Moderation in Inflation READ MORE Add a Comment Cancel replyYour email address will not be published.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