Description
Silver prices are struggling to sustain their latest rally as resistance near $55 and elevated U.S. real yields continue to pressure the market. Manufacturing activity is improving modestly, but industrial demand optimism has yet to outweigh restrictive monetary conditions.
This silver price forecast examines why rallies remain vulnerable to selling, how Friday's U.S. jobs report could influence expectations for interest rates, and what traders should watch as silver approaches a critical resistance test.
For the full article:
https://www.fxempire.com/forecasts/article/silver-faces-55-barrier-as-high-real-yields-challenge-the-rally-1642710/
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