Description
Silver (XAG/USD) has rebounded above $50, with December futures gaining $1.61 in Monday's session. However, the technical outlook remains bearish, and the recent breakdown below $55 continues to weigh on recovery prospects.
This silver price forecast examines why short-term rallies may attract sellers, while mixed U.S. manufacturing data, persistent inflation and Federal Reserve policy complicate the outlook. With JOLTS and Friday's jobs report approaching, can silver sustain its rebound?
For the full article:
https://www.fxempire.com/forecasts/article/silver-a-stronger-settlement-meets-a-mixed-monetary-and-industrial-backdrop-1642234/
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