MaDLabbit
02-24
$XAG/USD(XAGUSD.FOREX)$  $iShares Silver Trust(SLV)$  Silver breakout of resistance level where it has been consolidating. With the current confusion on tariff and uncertainty, I think silver have a good chance to recapture $100 level before breaking all time high again. Now $84 will be support level. Would you still add to your silver position at current level? I'm holding on and don't intend to sell any time soon. I will consider again at the end of Donald Trump presidency. As long he is president, we will have uncertainty which is good for safe haven assets. Do you agree?
JPM Upgrades Gold PT to $6300: Will US–Iran Tensions Push Metals Higher?
U.S.–Iran tensions resurfaced after VP Vance said Washington remains “hopeful” on talks but won’t rule out force, while Trump criticized Tehran’s renewed nuclear ambitions. Natixis sees gold spiking to $5,500–$5,800 within two weeks if conflict erupts, before retracing. Meanwhile, JPMorgan raised its long-term gold view to $4,500 and keeps a bold $6,300 by end-2026 target. It expects 755 tonnes of central bank buying in 2026, still well above pre-2022 norms. Is geopolitical premium about to reprice sharply higher? Will gold hit $6000?
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Comments

  • pixelo
    02-24
    pixelo
    Yeah, mate, silver's solid as a hedge. Holding too! [强]
  • Chinny92
    02-25 09:40
    Chinny92

    Great article, would you like to share it?

  • Chinny92
    02-25 09:40
    Chinny92

    Great article, would you like to share it?

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