Spot silver prices (XAG/USD) have continued their downwards trajectory on Wednesday in the run up to Wednesday’s pivotal Fed policy announcement, with spot prices recently dropping into the $21.50s for the first time since the end of September. Broader market sentiment is subdued pre-Fed, as is typically the case, with a softer than expected US November Retail Sales report versus a stronger than expected December NY Fed survey having been ignored. But this hasn’t been enough to stop the rot in silver markets, with spot prices now down a further 1.7% on the day despite a flat US dollar and US yields curve. That takes the precious metal’s weekly losses to about 2.7%.
As such, silver bears will be eyeing the September lows in the $21.40s and XAG/USD may well get there in advance of 1900GMT (when the Fed’s rate decision and statement is announced). If the Fed is as hawkish as many strategists suspect they will be in doubling the pace of the QE taper and indicating multiple hikes in 2022, this could further add to silver’s woes. A break below $21.40 brings in sight the next key support in the form of the June highs around $21.15. If that level goes, it’s a clean run lower to the early September high just above $19.50.
© 2000-2025. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.