Blue wave calls silver. Forecast as of 06.01.2021

The Democrats' victory in Georgia will help silver to head north as the reflation environment will strengthen, and the USD will weaken. But what if a Republican sneaks into the Senate? Let's discuss it and make a trading plan for XAGUSD

Monthly fundamental forecast for silver

Twenty-twenty was a bright year for silver. The XAGUSD's quotes grew 47% amid pandemic-driven production cuts, strong investment demand, the global industry's fast recovery, accelerating inflation expectations, and a weak USD. Silver was the best performer in the sector of precious metals. However, it has not exhausted its growth potential yet as old drivers are still in… Read full author’s opinion and review in blog of #LiteForex