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Silver Price Forecast: $80 Rally Faces a Fed Test as Traders Eye Next Breakout
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Silver Price Forecast: $80 Rally Faces a Fed Test as Traders Eye Next Breakout
Silver ended the week at $80.37 an ounce, up nearly 7%, after a late rally. U.S. jobs data showed payrolls rose by 115,000 in April, holding the unemployment rate at 4.3%. The dollar and Treasury yields fell after the report. Traders are watching if silver can hold above $80, with resistance at $82.13 and $83.05. The post Silver Price Forecast: $80 Rally Faces a Fed Test as Traders Eye Next Breakout appeared first on TechStock².
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