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Silver: Sees a Rush of Buying
What an explosive move for the silver market as we initially pulled back just a bit during the trading session. But now we've seen it absolutely launch about two and a half percent as the speech from Jackson hole by Jerome Powell pretty much reiterated that at least there is thought by the federal reserve cutting interest rates. The size of this candlestick does suggest that there might be further upward momentum, but that doesn't mean we get there overnight. We are threatening the crucial $39 level and whether or not we can close above there heading into the weekend, we'll wait and see. But short-term pullbacks, I ... (full story)
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- Aug 25, 2025 5:38am Posted byTechnical Analysis228
