Silver spot price remains in an uptrend, and has broken out of a bull flag pattern. Bullish crossover on MACD coincides with breakout from the bull flag.
Fundamentals support the case for higher silver spot price in the long term: stubbornly high inflation, large fiscal deficits, weakness in regional banks and commercial real estate (Fed will need to ease to avert financial crisis), as well as 4 years straight of deficits in physical metal.
This post does not constitute financial advice. SI1!
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.