🚀 Silver's Moment: A Deep Dive into the Week Ahead – $60+ The New Normal?
Silver (XAG/USD) has recently captured the market's attention, not just as Gold's lesser cousin, but as a powerhouse commodity in its own right. After hitting historic highs above $64 per ounce, the market is now grappling with the classic tug-of-war between red-hot bullish momentum and inevitable short-term profit-taking. For serious investors and tactical traders, understanding the interplay between the macro-economic forces and the metal's immediate chart signals is critical. This in-depth analysis breaks down the technical and fundamental outlook for silver's price movement in the upcoming week. 🔬 Part I: Technical Analysis – Navigating the Highs The recent surge has unequivocally stamped Silver's medium-to-long-term trend as strongly bullish . However, the path after a record high is rarely a straight line. The market is now showing signs of necessary fatigue and consolidation. The Key Technical Headwinds The Bearish Engulfing Pattern: After setting the all...