Silver’s $70 Breakdown May Have Changed Everything

Silver’s sharp decline this week is about more than rising Fed hike expectations. By breaking decisively below the key $70 level, the metal may have altered one of the market’s most widely accepted assumptions. What was previously viewed as a structural floor supported by supply deficits and industrial demand is now at risk of becoming
The post Silver’s $70 Breakdown May Have Changed Everything appeared first on ActionForex.

Silver’s sharp decline this week is about more than rising Fed hike expectations. By breaking decisively below the key $70 level, the metal may have altered one of the market’s most widely accepted assumptions. What was previously viewed as a structural floor supported by supply deficits and industrial demand is now at risk of becoming […]

The post Silver’s $70 Breakdown May Have Changed Everything appeared first on ActionForex.

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