Fed Hawks Hit
$XAG As Silver Futures Dip 3.5% After Jackson Hole Updates ✨ 📉
Fed Chair Warsh just shifted the macro narrative at Jackson Hole, sending a shockwave through metals and triggering a heavy sell-off. COMEX silver futures
$XAG took a hit of 3.5%, dropping sharply from the low $71s to settle around $66.995 as rate hike odds climbed past 50%. 🤝
With Treasury yields spiking, smart money rotated back into the dollar while clearing out leverage across metals and risk assets, dragging sentiment on
$KNC and
$TST along with it. It’s a testing market, but we move together and take things one step at a time. 💪
Are we looking to bid this
$XAG dip together, or are you waiting for the macro volatility to settle first? Let us know below! 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
#XAG #Silver #Macro #Crypto We grow together.