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Silver (XAG/USD) Technical Outlook: Mixed Signals as Rate Cut Expectations Grow
Silver prices have retraced following the initial selloff last week. Friday's US jobs data has obviously been extensively discussed, but that was the end of the initial bearish run for silver prices. Since Friday Silver has risen around 3% but for now the bearish trend remains intact. The concern is that US rate cut expectations continue to ramp up. This continued today with news that Trump advisers are to push for a temporary Fed governor to fill the seat of resigned Fed Kugler. A short-term Fed pick would give Trump more time on the Chair choice, the Fed pick is likely to work in the government, and be previously ... (full story)
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From abs.gov.au|Aug 6, 2025Exports and imports statistics on a balance of payments and international merchandise trade basis. • The seasonally adjusted balance on goods increased $3,761m in June. • Goods ...
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From @realDonaldTrump|Aug 6, 2025|45 comments
RECIPROCAL TARIFFS TAKE EFFECT AT MIDNIGHT TONIGHT! BILLIONS OF DOLLARS, LARGELY FROM COUNTRIES THAT HAVE TAKEN ADVANTAGE OF THE UNITED STATES FOR MANY YEARS, LAUGHING ALL THE WAY, WILL START FLOWING INTO THE USA. THE ONLY THING THAT CAN STOP AMERICA’S GREATNESS WOULD BE A RADICAL LEFT COURT THAT WANTS TO SEE OUR COUNTRY FAIL!
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- Aug 6, 2025 8:51pm Posted byTechnical Analysis197
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