Ichimoku analysis (4-hour chart)
Tenken-Sen- $28.34
Kijun-Sen- $27.90
Silver hit a three-year high despite strong US inflation data. It hit a high of $29.08 yesterday and is currently trading around $29.087.
US CPI - Strong (negative for silver)
US PPI- Weak (Positive for Silver)
US treasury yields surged sharply as markets predicted no rate cit in June due to strong US inflation.
Gold-silver ratio-
Gold/Silver ratio- 83.55. The ratio declined from 91 to 82.26 well above the historical average of 52. So silver will outperform gold. It is good to buy silver at lower levels compared to gold.
Major trend reversal level -$30
It trades above 21, 55- EMA, and above 200 EMA in the 4-hour chart. The near-term support is around $28.49 and a break below the targets of $28/$27.60/$27.20/$26.85/$26.25. On the higher side, immediate resistance is around $29.25, and any breach above targets is $29.53/$30.
It is good to buy on dips around $28.35-40 SL around $27.60 for TP of $30.


FxWirePro:NZD/USD edges higher as kiwi firms on hawkish RBNZ outlook
FxWirePro: GBP/USD stays below 1.3400 level following cooler inflation report
NZDJPY Pulls Back on Kiwi Weakness: Buy Dips at 94.40 Targeting 97
FxWirePro: USD/CNY attracts selling interest, vulnerable to more downside
FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies pivot (Major)
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/USD slips as middle east tensions and oil surge pressure pound
FxWirePro: EUR/ AUD downtrend loses steam, remains on bearish path
Crypto Bias Report: Trend Signals and Top Bullish Picks
FxWirePro: USD/CAD retreats slightly but trend is still bullish
Major Pair Action Bias: USDCHF Turns Bullish as EURUSD Stays Bearish – Key Pairs to Watch
Major Pairs Bias: USDCHF Bullish While GBPUSD Turns Bearish
AUDJPY Pulls Back on Profit Booking: Buy Dips Toward 117/118
FxWirePro- Major Crypto levels and bias summary 



