Silver Price Prediction: Lost 30% in Days and the Fed Just Killed the Recovery Case — Is $65 the Last Line of Defense?
Silver price is hanging on by a thread fueling bearish price prediction.XAG/USD is trading at $71.69, up 1.85% in 24 hours, but the recovery looks shaky. Price revisited lows near $64.00 earlier this week before bouncing. The technical structure has not improved much since.The macro backdrop is not helping. DXY is sitting near 99.32 with the Fed ruling out rate cuts until inflation cooperates. The ECB and BoE are sin…
