Silver XAG/USD

Silver Forecast By German-Based Research Firm

Gold Silver Reports (GSR) – Silver Forecast By German-Based Research Firm — Silver is likely to reach $18.50 an ounce in third quarter of 2018, and maybe even hit 2016 highs of $21.50 an ounce by the four quarter, based on a combination of technical, sentiment, seasonal, and fundamental factors.

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Gold Spot Fails to Break Upside Hurdle $1308 Level

Gold Spot Fails to Break Upside Hurdle $1308 Level

Gold Silver Reports (GSR) – Gold Spot Fails to Break Upside Hurdle $1308 Level – Gold managed to temporarily break above trendline resistance, but with the inability to push above the $1307 mark, there is still a strong chance of near-term downside to build on the weakness seen over the past month.          

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Silver XAG/USD

MCX Silver Tips Below 40100 Only Sell, Silver MCX Trading Zone 39200-40100 – Neal Bhai MFA Technical Analyst

Neal Bhai MFA Technical Analyst – MCX Silver Tips Below 40100 Only Sell, Silver MCX Trading Zone 39200-40100 – U.S. retail sales increased marginally in April as rising gasoline prices cut into discretionary spending, but consumer spending appeared on track to accelerate after slowing sharply in the first quarter. Federal Reserve Chair Jerome Powell’s top deputies are edging toward a clash that could shape the pace of interest-rate hikes in coming months, as well as how the Fed should prepare for and combat the next economic downturn.

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Silver price today: Silver Rises

MCX Silver Under Fresh Selling Trading Zone Between 37600—39300

Gold Silver Reports (GSR) – MCX Silver Under Fresh Selling Trading Zone Between 37600—39200 – Silver on MCX settled up 1.85% at 39030 boosted by the softer dollar and in escalation in trade tensions between the U.S. and China, which underpinned safe haven demand. Renewed safe-haven demand comes amid investor concerns over escalating US-China trade tensions after Beijing unveiled retaliatory tariffs on Monday overnight.

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