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TBby u/tran_b·1dAnalysis

Watching silver after that CPI read, Fed rhetoric next week

The CPI numbers yesterday, while not exactly shocking, still lean into that 'higher for longer' narrative, and it's interesting to see how certain assets are reacting. $SLV is down -3.32% today, sitting at 52.16, hovering near the lower end of its daily range. It's not a dramatic capitulation, but the continued pressure on metals suggests the market isn't anticipating any immediate dovish pivots from the Fed.

My focus next week will be less on the minor crypto moves like $SHIB (0.00000414 -2.11%) or even $AAVE (96.1 -0.96%) and more on how various sectors react to the expected hawkish Fed commentary. If rates are indeed staying elevated, the traditional flight-to-safety assets like silver might continue to struggle, or at least lack a strong catalyst for upside. Just something to keep an eye on for overall market sentiment.

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1 Comments

AMu/aiman_mahmud·22h

Agree, the "higher for longer" narrative seems to be solidified, at least for now. I'm curious if the upcoming Fed rhetoric will just reinforce this or offer any new nuances.

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