-
Silver Recovers After Monday Selloff
The Silver price has gone back and forth during the trading session on Tuesday but settled on an upward move. At this point, it looks as if we are simply going back and forth and trying to stay within the range that we have determined to be “fair value” over the last several weeks. It looks as if the $23 level underneath is massive support, especially as the 50-Day EMA sits right there as well. As long as we can stay above there, it’s very likely that there is still a bullish attitude in the silver market over the longer term.That being said, there is also a lot of concern out there about global growth, and ... (full story)
- Comments
- Subscribe
-
- Older Stories
-
From @DailyFXTeam|Jan 25, 2023|1 commenttweet at 5:50am: German Economic Report: -We see 6% inflation in 2023 (The Autumn forecast was for 7%) - Machinery equipment investment was seen growing by 3.3% in 2023 after 2.5% growth in the previous year tweet at 5:53am: German Economic Report: We see 0.2% GDP growth in 2023 (The Autumn forecast was for a 0.4% decline).
-
From think.ing.com|Jan 25, 2023The inflow of optimistic data continues. After the PMI and the ZEW, it is now the latest Ifo index reading which points to an improving outlook for the German economy. In January, ...
-
From miningweekly.com|Jan 25, 2023Chile's State-run Codelco, the world's largest copper producer, produced 172 000 fewer tonnes of copper in 2022, chairman Maximo Pacheco said on Tuesday, marking a roughly 10% ...
-
- Newer Stories
-
From @financialjuice|Jan 25, 2023|29 commentstweet at 6:39am: RUSSIAN EMBASSY: THE GERMAN DECISION TO APPROVE THE DELIVERY OF LEOPARD TANKS TO UKRAINE IS EXTREMELY DANGEROUS, TAKES THE CONFLICT TO A NEW LEVEL.
-
From bnnbloomberg.ca|Jan 25, 2023Traders are betting the Bank of England will reverse course and cut its key interest rate later this year to shore up a flagging economy. For the first time since August, ...
-
From inegi.org.mx|Jan 25, 2023By December 2022, the results of the Sectoral Breakdown of the Indicator Opportunity of Economic Activity (IOAE) anticipate a heterogeneous recovery of the Mexican economy in ...
- Story Stats
- Posted: Jan 25, 2023 6:45am
- Submitted by:Category: Technical AnalysisComments: 0 / Views: 74
