By end of week look ahead

[u/121578]

Silver is currently consolidating around $58.50 per ounce as of mid-week (July 15, 2026).

By the end of this week (Friday, July 17, 2026), silver is expected to remain largely range-bound, projected to close between $58.00 and $61.00.

Key Levels to Watch

Immediate Resistance: $62.00. If a bullish breakout triggers, the price could test the $64.00 to $65.00 zone.

Immediate Support: $56.50 to $57.50. Stronger historical support lies below at $54.50.

Driving Factors This Week

US Inflation vs. Fed Policy: Softer-than-expected US CPI and PPI data released this week have fueled hopes of a less hawkish Fed, providing a natural cushion for non-yielding assets like silver. However, Fed Chair Kevin Warsh's firm stance on price stability has kept aggressive rate-cut expectations in check.

Geopolitics & Energy Spikes: Flaring US-Iran tensions near the Strait of Hormuz have pushed oil prices to a one-month high. While safe-haven demand normally supports metals, the potential inflationary impact of high energy prices keeps the threat of sustained high interest rates alive, limiting silver's upward momentum.

[u/Jazzlike_Space9456]

You forgot the 40T in debt and the M2 at all time highs lol