Mega Whales and Institutional Demand: A Perfect Storm for Solana's Fees" 
What is necro-branding? And what’s it got to do with Elvis, Princess Diana and Taylor Swift? 
Bitcoin's Rollercoaster: Whales Accumulate While ETF Outflows Raise Eyebrows Ahead of Election 
Australia’s new digital ID scheme falls short of global privacy standards. Here’s how it can be fixed 
US election: what time do the polls close and when will the results be known? 
Silver Declines Amid Election Uncertainty: Traders Eye Stimulus from China 
Choices made nearly a century ago explain today’s housing crisis 
"Silver Surges: Rising Demand and Positive Trends Spark Investment Interest" 
FxWirePro- Gold trades flat ahead of US election, good to buy on dips 
Middle East Tensions Cool: Oil Prices Drop Amid Stability 
US election: how does the electoral college voting system work? 
Donald Trump poised to become next US president, likely sweeping all the seven key states 
Solana Surpasses Ethereum in Fees as Whales Accumulate: A Bullish Outlook! 
Whales Pile into Ethereum Ahead of Pectra Upgrade: Key Support and Resistance Levels to Watch 
Silver trades extremely weak following the footsteps of Gold. It reached a low of $31.58 and is currently trading around $32.24.The short-term trend remains positive as long as support at $30 holds.
The U.S. dollar and U.S. Treasury yields increased after Donald Trump took the lead in the presidential election.
The Standing Committee of China's National People's Congress (NPC) is holding a meeting from November 4 to 8, 2024, to discuss a significant fiscal stimulus plan to tackle the country's economic issues. This meeting is important because it aims to finalize a stimulus package that could be between 2 trillion and over 10 trillion yuan (about $281 billion to $1.4 trillion) to support the economy.
The Federal Reserve is expected to lower interest rates by a quarter-point, reducing the benchmark rate from 5.25%-5.50%. This will be the first rate cut since the Fed began raising rates in March 2022 to fight high inflation. Recent data shows inflation is stabilizing, and the job market remains balanced, prompting the Fed to consider easing its policies. Officials predict two more rate cuts in 2024, aiming for a target range of about 3.25%-3.50% by year-end. The Fed's focus will be on balancing employment and inflation as it shifts to a more neutral stance.
The gold-silver ratio is at 84.60, 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 took support near 55- day EMA and showed a nice pullback It holds below short term (34 and 55 EMA) and long-term (200 EMA) in the 4-hour chart. The near-term support is around $32. If it drops below this, it could target $31.45/$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 $31.60, with a stop-loss at $30 and a target price of $34.70.
