SILVER’S BREAKDOWN MAY NOT BE DONE YET ⚠️
Entry: 67.00 🔻
Target: 62.50 📉
Stop Loss: 70.86 🛑
Silver is under pressure after stronger US jobs data reduced expectations for near-term Fed cuts. A firmer dollar and rising Treasury yields continue to weigh on non-yielding metals, while the break below 70.86 keeps the short-term structure vulnerable. The next major demand zone sits near 62.50, where buyers may attempt to stabilize the move if selling momentum fades.
Not financial advice. Manage your risk.
#Silver #Commodities #Macro #Fed #MarketUpdate
🧭
Entry: 67.00 🔻
Target: 62.50 📉
Stop Loss: 70.86 🛑
Silver is under pressure after stronger US jobs data reduced expectations for near-term Fed cuts. A firmer dollar and rising Treasury yields continue to weigh on non-yielding metals, while the break below 70.86 keeps the short-term structure vulnerable. The next major demand zone sits near 62.50, where buyers may attempt to stabilize the move if selling momentum fades.
Not financial advice. Manage your risk.
#Silver #Commodities #Macro #Fed #MarketUpdate
🧭