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Silver Price Forecast: XAG at Technical Crossroads as Powell’s Crucial Fed Meeting Approaches

From fxleaders.com

Silver prices are entering a pivotal week as traders weigh escalating geopolitical tensions against the upcoming Federal Reserve meeting, where policy signals from Jerome Powell could determine whether the metal resumes its rally or extends its recent correction. Silver experienced one of its most dramatic rallies in recent years, surging above $120 per ounce earlier this year as geopolitical tensions intensified in the Middle East. Investors initially rushed into precious metals as safe-haven assets amid escalating conflict involving Iran, Israel, and the United States. At its peak, silver climbed to approximately ... (full story)

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  • Category: Fundamental Analysis