1.) Extremely bullish pattern on weekly chart.
2.) Trend lines breached
The direction of crude oil prices feeds directly into global inflation expectations. And rising inflation expectations are bullish for bullion. So fundamentally, precious metals should do well.
Silver has another reason to do so. its demand for electronic components.
2.) Trend lines breached
The direction of crude oil prices feeds directly into global inflation expectations. And rising inflation expectations are bullish for bullion. So fundamentally, precious metals should do well.
Silver has another reason to do so. its demand for electronic components.