Silver is feeling the heat as it hovers near the crucial pivot point of 36.30, experiencing pressure from factors like hawkish Fed sentiment and strengthening dollar. These elements are testing silver’s recent rally, resulting in uncertainty in market sentiment. Investors should closely monitor how these influences might affect silver in the short term. Trading around this pivot level can be crucial for determining silver’s future trajectory. With market dynamics continuously changing, silver traders must remain vigilant and adapt their strategies accordingly. As we approach key levels, the outlook for silver will depend heavily on macroeconomic developments and traders’ responses.

Stay informed for the latest updates on silver’s performance as the market unfolds.