Makemation: a Nollywood movie that shows AI in action in Africa 
What does China’s host bid mean for the High Seas Treaty? 
Trump Tariffs Show Minimal Economic Impact but Boost Federal Revenue, Study Finds 
Goldman Sachs Raises Oil Price Forecasts Amid Strait of Hormuz Disruptions 
Is dark chocolate healthier than milk chocolate? 2 dietitians explain 
Silver pared most of its gains in the past five days due to US election uncertainty. It reached a low of $32.24 and is currently trading around $32.58.The short-term trend remains positive as long as support at $2.18 (200-day EMA) holds.
The National People's Congress (NPC) of China is meeting from November 4 to 8, 2024, to discuss a possible fiscal stimulus package. This meeting coincides with the U.S. presidential election, which could impact China's decisions. Estimates for the stimulus package vary, ranging from 2 trillion yuan (about $280 billion) to 10 trillion yuan (around $1.4 trillion). The package may include special bonds for debt swaps and bank recapitalization.
Markets eye US Fed monetary policy on Nov 7th for further movement.
The gold-silver ratio is at 84.02, indicating that gold has outperformed silver recently. A ratio above 80 might suggest that silver could be a more appealing investment compared to gold.
For trading, the major level to watch is $32.75. Silver is currently below key moving averages, with near-term support at $32.18. If it drops below this, it could target $31.30/$30.70/$30. On the upside, immediate resistance is at $32.75, and breaking this could lead to targets of $33/$33.60/$34/$34.50/$34.50/$34.73.
It may be a good strategy to buy on dips around $32, with a stop-loss at $31.30 and a target price of $34.70.
