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Silver Rally Enters Price Discovery As Buyers Hold Control Near $70

Silver Rally Enters Price Discovery As Buyers Hold Control Near $70

By Traders UnionAll Articles on Seeking Alpha

Traders Union 580 Follower s Follow 5 Share Save Play ( 6min ) Comments Summary Silver breaks to a fresh all-time high near $69.5 as price enters uncharted territory. Strong momentum and widening moving averages point to a trend-driven advance, not exhaustion. Geopolitical risk, tight inventories, and easing-rate expectations continue to underpin demand. sefa ozel/iStock via Getty Images By Jainam Mehta Silver ( XAGUSD:CUR ) is extending a powerful upside move on Tuesday after breaking decisively into price discovery territory, with prices pushing to a new all-time high near $69.5 per ounce. The rally has gathered This article was written by Traders Union 580 Follower s Follow Traders Union is a leading financial portal dedicated to empowering traders and investors with essential information to maximize their success in the financial markets. Its mission is to create a trusted platform where users can easily access comprehensive details about the top brokerage firms offering the most favorable and seamless trading conditions. Founded in 2010, Traders Union was built on the idea of providing thorough and unbiased reviews of international forex brokers, along with high-quality content covering global trading and investment trends. Traders Union saves time and effort by making the process of selecting a reliable broker hassle-free. With the Traders Union Broker Rating, users have all the data needed to make well-informed decisions, eliminating the need for endless research and review reading.

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