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Watch out for silver weakness if the Fed are hawkish next week

From blog.hycmlab.com Watch this video at https://www.metalsmine.com/news/1107595-watch-out-for-silver-weakness-if-the-fed.

Focus for precious metals silver and gold now sits firmly on the FOMC meeting next week. If the Fed surprises markets next week and signals earlier and faster tapering that will be expected to send US 10-year yields higher, USD higher and pressure silver to the downside. So, check out the weak seasonal pattern that silver has below in case the Fed are more hawkish next week.

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  • Category: Fundamental Analysis