#nysilverfuturesdrop3%
Silver
got massively rejected at the 200 MA and upper band after Warsh’s hawkish Fed talk. The bond market thought otherwise — yields ripped higher, putting pressure on metals.
Now let’s see how the market digests this: lots of talk, but no actual action yet.
Key level to watch: $65 / 20 MA
$AKE
$DEXE
$BEAT
Silver
got massively rejected at the 200 MA and upper band after Warsh’s hawkish Fed talk. The bond market thought otherwise — yields ripped higher, putting pressure on metals.
Now let’s see how the market digests this: lots of talk, but no actual action yet.
Key level to watch: $65 / 20 MA
$AKE
$DEXE
$BEAT
