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 U.S. Strategizes Financial Blockade on Chinese Banks Over Russia Support READ MORE Should I Buy Silver or Gold? Which Performs Best In a Crisis? READ MORE Home Sales Hit a New Low: 2023 Ends with Weakest Performance Since 1995 READ MORE Retail Sales Edge Up 0.1% in May, Falling Short of Forecasts READ MORE Gold Shines: Analysts Project $2,700 Target by Year-End READ MORE Add a Comment Cancel replyYour email address will not be published.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