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Weekly Forecast - Silver, AUD/USD, Bitcoin, NASDAQ 100, EUR/USD, Gold, DAX, USD/CAD
Silver initially tried to rally during the course of the trading week but then collapsed as we have seen a lot of concerns when it comes to the Federal Reserve and whether or not it will keep its monetary policy tight, or if they will start cutting. It certainly looks as if silver is trying to find buyers at the end of the week, and I think we will sooner or later. I’d be very cognizant of what happens near the $20.50 level, because I believe that is going to be a significant floor. If silver can recapture the $30 level, that would also be a very bullish sign. chart The Australian dollar initially tried to rally ... (full story)