Silver Stays Steady as Traders Wait for PCE Data and Central Bank Insights
Silver maintains its position, showing resilience as traders await the upcoming PCE report and insights from central banks to guide market sentiment and influence short-term price action. Technical indicators highlight that silver has held onto crucial support levels, suggesting that market players continue to find value in silver at this stage. As the market anticipates further data releases, traders may look to additional geopolitical and economic factors that could impact silver’s trajectory. Will the price hold steady or experience shifts based on the forthcoming reports?