-
Silver: Drops and Bounces
Silver declined sharply on Tuesday before stabilizing near the key $47 level, a long-tested support zone. Analysts note that being above $45.50 could sustain consolidation, while a breakdown below that point may trigger a deeper collapse. Silver fell pretty significantly during the trading session on Tuesday as we continue to see a lot of volatility, but it has seen a bit of a turnaround. It’s interesting because the $47 level is an area that’s been important multiple times and it is, in fact, showing signs of life. The market turning around and showing signs of life does at least suggest that we are a bit ... (full story)
- Comments / Top
- Subscribe
-
Related Stories
From fxdailyreport.com | Nov 4, 2025
Gold prices losing the bullish pressure and looks to start moving lower again below the $4,000 handle. We expect gold prices to continue the bearish correction toward the green box area or around $3,720 – $3,850. When the price manages to reach the area and produce bullish reactions, traders could start scaling in long positions. The key is waiting for the ...
From alpari.com | Nov 5, 2025
The recent uptick in silver to above $47.5 per ounce can be understood as a convergence of stress and speculative opportunity. Markets are nervous, equities are under pressure, and investors are circling back to so-called safe havens. A key structural fuel has been the tight physical market in London, where displacement of inventories helped push silver ...
Global markets traded mixed on Tuesday as investors assessed the implications of a potential U.S. government shutdown and fresh signs of easing trade tensions between the world’s two largest economies. The U.S. Dollar firmed modestly amid safe-haven demand, while the British Pound and New Zealand Dollar fell sharply on weak domestic fundamentals. Meanwhile, ...
