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Silver : Will The FOMC Inject Fuel To Rally, Or Bears Will Get Tonic?

Published 08/16/2017, 12:50 PM
Updated 07/09/2023, 06:31 AM

Silver futures price seems to wait patiently exactly for one more hour. Will the short covering rally signifies a move in hope of one more hike or a delayed hike? Perhaps, a clear indication of near term interest rate hike in light of supportive U.S. retail data announcement may encourage Bears and on the other hand a delay may bring the Silver futures price to test new heights very soon.

Have a Nice Trading Time.

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Silver Daily Chart

Latest comments

thank you sir. please keep posting.
Dear Mr. Joshi thanks a lot for your kind regards. Perhaps, positive comments from my valuable readers would help me  to write more accurate analyses in future. I always welcome all anti-thesis on all my analyses.
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