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2024-01-26 09:57:27

FX Empire on Nostr: Silver Prices Forecast: XAG/USD Eyes Weekly Gain Amid Strong U.S. Economic Data ...

Silver Prices Forecast: XAG/USD Eyes Weekly Gain Amid Strong U.S. Economic Data
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Silver is heading towards a weekly gain despite a resilient U.S. economy and a strong U.S. Dollar. Investor interest in silver within the $22.00 to $21.84 range is noticeable. The upcoming Fed meeting and Chair Jerome Powell's comments will heavily influence silver's future price movements. Silver (XAG/USD) is poised to close higher for the week after bouncing off major support in the $22.00 to $21.88 range. The metal's short-term direction will depend on the Fed's policy and ongoing economic indicators.

#SilverPrices #Xag/usd #U.s.Economy #InvestorSentiment #FedMeeting #EconomicIndicators

https://www.fxempire.com/forecasts/article/silver-prices-forecast-xag-usd-eyes-weekly-gain-amid-strong-u-s-economic-data-1405127
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