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Silver sees no bottom. Forecast as of 07.07.2023 Low-profit | LiteFinance

Silver sees no bottom. Forecast as of 07.07.2023

Low-profit assets turned to outsiders as a market narrative changed from a recession to a soft landing. Silver feels worse than gold and the yen. Why? Let’s discuss it and make a trading plan.

Monthly fundamental forecast for silver

The farther into the forest, the thicker the trees. The more monetary policies are tightened, the more often pleasant economic surprises occur. That's a paradox that made investors change their narrative from a recession to a soft landing and badly affected low-profit assets. The yen and gold lost nearly 3% in value last month, while silver saw almost a 6% drawdown. ... Read full author’s opinion and review in blog of #LiteFinance https://bit.ly/3NFUErB