ANALYSIS
NQ100 Finds Support from PPIApr 14
XAGUSD: Political Tension Pricing Continues in Silver
Although the Taiwan tension on the US-China line in global markets eased somewhat with the departure of US House of Representatives Speaker Nancy Pelosi, we consider that the demand for safe harbors may remain alive, considering that the tension between the two countries will continue for a while. Technically, the gray metal, which is giving buy-side signals on the minor trend, can sustain its bullish potential up to 20.75 resistance if it can leave the 20.40 level behind with permanent closes. Below, 19.60 support will be followed closely.
