Silver Forecast: Fed’s Rate Decisions and Retail Sales Impact Ahead
Silver traders are gearing up for potential volatility driven by the Federal Reserve’s upcoming rate decisions and retail sales data releases. Investments in silver could hinge on whether bull momentum carries through to break above the $34.08 resistance level. If bulls succeed, we may see an upward surge. On the flip side, a drop below key support could signal bearish movements. Understanding the impact of economic indicators on silver prices will be essential for making informed trading decisions moving forward.