Silver Price Forecast: False breakout and hawkish Fed sink XAG
Silver (XAG/USD) price made a U-turn after reaching a two-month high of $71.12 on Friday, then dove below the $69.00 figure as Federal Reserve (Fed) Chair Kevin Warsh leaned hawkish in his Jackson Hole speech, pushing US Treasury yields higher.
Silver (XAG/USD) price made a U-turn after reaching a two-month high of $71.12 on Friday, then dove below the $69.00 figure as Federal Reserve (Fed) Chair Kevin Warsh leaned hawkish in his Jackson Hole speech, pushing US Treasury yields higher.
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