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 people are infected with recency bias and normaly bias you look at the numbers you look at the fundamentals you look at the logic you look at the history in a world of probabilities I would say that there is going to be a moment that will as you said catch many people off guard CU they don't see what's coming straight at them and you can't get out of the way of what you don't see coming this is Kaiser Johnson with liberty and fin welcome to Silver News Daily your ultimate destination for all

things precious metals if you're passionate about the glimmer of silver and the world of precious metals you're in the right place by hitting that magical subscribe button you're joining a community of like-minded thinkers who see the potential of silver and precious metals shaping the future buckle up because we're diving head first into the latest news and updates hey there friend it's always good to chat with someone who shares the same passion for precious metals especially silver now let's talk

about what's happening in the world of silver these days and trust me some fascinating El you want to hear so Silver's been drawing some attention this week of selling taking place on Tuesday before you raise an eyebrows even though silver didn't entirely capitalize mod there were some fresh sellers hovering around2 metal the way I see it Sil is like that doesn't give up easily it's holding F $10 and 20% Mar looking at the Grand SCH of things Silver's been dancing familiar

trading for some days now after it slipped from the magical $25 mark it may consolidating a slightly Parish pH but here's where it gets interesting the daily chart oscillators are nestled in theang zone but they're nowhere here over territory this might indicate that for the short term silver could take a dip but wait for any rash decision remember that bearish Traders more substantial $285 $280 region and watching M we on the right side if there's a push Beyond The $232 Mark we might just witness some

resistance you know what resistance me it often offers a potential opportunity oh and I got been it's let's say that for a later you don't want to stick around for that one trust me now when you let that sink in there's more exciting news on the horizon especially concerning the big economic indicators that can influence Silver's price you know what's truly fascinating about silver is its intrinsic relationship with global events and this time our friend silver has its eyes sell something major the US

inflation dat yeah you heard that right the upcoming inflation report has every precious like Sil so the situation the silver price has been playing a little T of War around that $93 bouncing between $228 $232 pass more trading sessions now if you're wondering whyze well mostly because of the anticipation this report has a mod Financial Ro and certainly affects Shin speaking of the market the s&p500 investors play safe due to the CPI and you won't believe this the US information Outlook become quite the

there's CL about SP W and ay labor market then there's this and Contin Federal Reserve St just interest R the US dollar Index making covering quite a bit but it's still at a weight watch just like many of us eagerly awaiting the CPI data current estimates suggest that the US headline inflation could see a l due to recovering gasoline prices on the other hand the core CPI which SED steps the ever fluctuating oil and food prices is expected to maintain its Pace with all eyes on the US inflation data Silver's

been in a bit of a holding pattern where's this ter Trader us volatility squeeze and silver do that now but every squeeze has a breakout we' got some levels like the 100 exponential moving average acting as aor and then there's a significant support back in mid so as we hear this grand should remember this while indicat relative strength index in and silver as we know has always been full of surprises and who knows the next big might just be stay tuned because things are about to get you treat all

right buddy I've got some more juicy details to share you know the world of silver is a lot like a thrill novel full twist and turns and right now we're smack in the middle of an exiler chapter so let's dive deeper into the techic side of things I promise to keep it engaging just for you remember when we were talking about the super price juggling around that $23 car well there's a h technical problem the white metal isly demonstrated what we call allity in simple terms imagine silver

being the spring entire and what happens when the spring is up too much it eventually releas leing to potential breakout and that my friend is the magic but here's the deal while we're evenly waiting the breakout silver has a couple perple in its way the 100 Mil exponential moving average Standing Tall at 23 .7 has become this stubborn wall kind of like that bouncer outside exclusive club and right now it's keeping the bullet crowd at Bay but every wall has its weak points right let's Lance back in time a

bit do you recall that price point from August 15th it was a low of $222 that's our hero so trusted psychic right now acting as a world bus with horal support while these technical might seem a bit daunting CLE un intend the relative strength index often known ASI [Music] SK without getting too indicate the bearish Imp has been activated but hey you SE silver bounce back spot right in the midst of all these numbers of charts I have to remind you one silver is not just a metal it's a story of low

economics and supply and demand patience and resilience and as we venture further into this video our eyes and ears because the next plot twist I think just away oh and speaking of plot twist there's an upcoming develop in global event that's B we'll get to that in a bit okay pal you all the shimar and Sheen T to reflect around it not just literally let's get a bit into theal context believe it or not what happens in distant Parts flow has way of Rippling back to our precious metal

Market there's a significant shift in focused the US now yes our star player for the day the US inflation data from August this data release isn't just another number on a chart it's a pivotal moment that holds the potential to set the stage for solers next here's a quick Loadout might not be too trenched in the finan inflation data is like a health checkup for econ too high and indicates that prices are rising at a r too low and it can hit at an economy that's not gr fast and right in the buid

of this the Federal Sweet Spot the upcoming ination data has stood upart conern stronger W and consistent La Market if these numbers rise above 2% benar a Federal Reserve might have to step in it could be looking at interest rate height which as you find cast habit Ripple in the silver market now I know it might sound like R you're off track favorite topic is silver but hand there the silver price Dynamics are often linked to these broader economic factors as investors AWA this clusion inflation

data they're also weighing the US dollar Index which has shown significant recovery but seems to be a pause mode kind of like waiting for the starting to go off and amidst this anticipation here's a silver bullet insight there are estimates that us headline inflation might see upward tick Mak the bounce back to Jas meanwhile CPI usal elements it's per foriest our lit friend is Shadow and as we the B strategies our knowledge updated and our excitement levels High coming up we've got a

spotlight on some key technicals and external factors that might just hold the keyth to Silver's next big dance move stay with me all right my Ste friend let's shift gears for a moment and head into the heart of the financial jumble all Street ever notice how so many also responds to markets well after makes our journey all the more thrilling the S&P 500 is a vital indicator of the healthy US Stock Market and by extension Global Market has just put out a signal it's open on a somewhat think of it as a

cloudy day where invest are getting tack cous why you ask it all ties back to our previous conversation anticipa us prex to the CI it's like where every player on the field W and here's all silver and the broader markets caution there's a general consensus going about many Market players feeling a t honey if inflation doesn't stay within that the Federal Reserve might have to take some steps and when they move crial wide not just but across all classes another key player teamx kind of

like economic recently it's made a commendable recovery inching close to 14.90 but much like a malar pausing final set it's waiting for a sign a direction and that direction my friend is likely to come from you guessed it the US CPI data all these seenly separate threads are intricately moving together in the grand Narrative of silver the CPI and the Federal Reserve actions broader stock markets and the currency index for all players and they're all set to play their part in the upcoming activ this drama remember

while these macro events shap the trajectory effort remain inic value history trust Millions as we navigate these narratives one thing the world not just about it's about the story The undying passion now if you thought that was all the excitement for the day again up next we're going to Del deeper into some technical aspects and Global trends that are Saga a lot all right as we've been riding the waves of global events let's now sail into the more technical waters for some these are the real Treasures

that give insights into the intricacies of Silver's we you ready to Deep dive with me our glittering star silver as we've seen has been playing a captivating game of Bo hovering around that enti $23 appears what's intriging it's been moving sideway in this $22.80 23.2 for the past few sessions and you know as well as I do that in world treating such consolidation often proceed a sign techical are ping a fascinating picture there's a volatility squeeze in play and every season Trader

will tell you this is a pattern to watch it's like the quiet tension year before storm hush before Symphony begins and the 100 period exponential moving average even a at [Music] $23.17 that's the gatekeeper my friend it's the line that our silver Knight has to cross to charge ahead and speaking of barriers there bu horizontal support derived from way back on August 15th resting at $223 this level might just be the saf Solace for those who so the relative strength index RSI an indicator deep many technal Enthusiast

has slid Z that often hits at momentum but remember our optimism man these of hard just their opportunities their Windows when a Discerning Eye can see potential shifts in the narrative technical indicators are like the instruments and Orchestra each one tells a part of the story but it's when they come together heard and the current charts are how many anticipation of suspense and for those the spirit of Adventure as we're nearing a final I've got some gravity Market stay tuned all right dear friend

Journey to the EV and flow of let's now touch upon the larger contacts that adds players to your understanding just about it's about the grand T stre of global econom now the entire fin anticipated United States inflation data from August remember the CPI we talked about it's almost like a waiting the score of a major game everyone from Wall Street Bankers to small scale investors has their eyes peeled this data isn't just a number it's an indicator of economic health and it sets

the tone for future strategies adding to the excitement forecast suggest the US headline inflation with by 0.6% influenced heavily by those bounding gas prices we stle weight of all foring the 0% these numbers seem out in ways might not and let's talk a strategy for a second all the precious metal Enthusiast while some may see uncertainty see opportunity as price the beauty of silver remains will the store value and a speculative asset you see it's this constant interplay of macroeconomic

events technical indicators and the intrinsic value of silver that makes this journey impr for whether you're in it for the long Hall believing in the Timeless value of silver or playing the short game riding the waves of global events always a story to be to and strategy to crafted and so as we wrap up today's Deep dive into the Shivering World silver remember no matter the current scenario the legacy of silver remains uncharged is always lead especially on the channel silver News Daily keep your eyes on the horizon

there's always another adventure we from hey there dear friends [Music] the remember that knowledge is power right application of that knowledge is truly to happen so if you're considering making any investment financial decision based on what we discuss today or any other insights I strongly recommend seeking advice from a professional adviser they can provide you with tailored guidance suited to your personal circumstances and secondly if you found our chat today helpful and want to stay updated on all things

silver and more don't forget to hit that subscribe button silver we're here time and again to guide you to enlight you and to share the joys and understanding that's ever evolv around always remember the world of investment is like the vast ocean while this beautiful and fil treasure always best navigated with the season C by your side until next time stay curious stay informed most importantly stay leing