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Silver must close above $95 monthly for excitement to build, Patrick Karim notes

Silver must close above $95 monthly for excitement to build, Patrick Karim notes
Silver needs monthly close above $95

Patrick Karim, technical analyst at Technical Traders Ltd, outlines his renewed interest in silver if it closes a month above $95.

He suggests that the longer silver takes to reach this level, the greater his enthusiasm becomes for the metal.

Karim has recently commented on bond market dynamics, warning that the Federal Reserve may need urgent measures to control long-end yields. He also noted that long-term yields were testing a key breakout level while crude oil futures indicated momentum. His latest observations on silver come amid these ongoing analyses of interest rates and commodities.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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