Silver-
Harmonic pattern- Bearish Cypher pattern
Potential reversal zone (PRZ)- $25.60.
Silver showed a minor pullback despite upbeat US PPI data. It hit a high of $25.20 and is currently trading around $25.08.
US CPI and PPI came above expectations, decreasing the chance of an early rate cut by the Fed in June.
Gold-silver ratio-
Gold/Silver ratio- 86.46. It shows that one ounce of gold is equivalent to 86.46 ounces of silver. It is good to buy silver at lower levels compared to gold.
It trades above 21, 55- EMA, and 200 EMA in the 4-hour chart. The near-term support is around $24.50 and a break below targets of $24/$23.60/$23.10/$22.75/$22.30. On the higher side, immediate resistance is around $25.20, any breach above targets is $25.60/$26.
It is good to sell on rallies around $25.22-25 with SL around $25.65 for TP of $24.


FxWirePro: USD/CNY bears maintain upper hand
USD/CHF Smashes Higher to 0.7899 on Dollar Dominance—Bulls Bet on 0.7865 Dips for 0.8000 Breakout
FxWirePro: NZD/USD gains as hawkish RBNZ comments boost Kiwi dollar
FxWirePro: USD/ZAR slips as SARB delivers surprise rate hike
FxWirePro: GBP/NZD slide extends ,eyes 2.2600 level
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Crypto levels and bias summary
Aussie Yen Breaks 114 Barrier: Bulls Lock Horns With Resistance, Eyes on 115 Summit
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: USD/CAD slips as Canadian dollar firms on hopes for US-Iran ceasefire deal
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD recovers some ground but bears are not done yet
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
NZD/JPY Breakout Blast: Kiwi Rocket Smashes 94.50 Resistance, Bulls Lock Sights on 95 



