If the U.S. Senate approves Kevin Warsh as the next Fed Chair, he would take over when Powell’s term ends in mid-May 2026. His first major policy decision would likely be on 17 June 2026. As silver is tied to U.S. dollar movements, which are closely related to interest rate decisions, uncertainty will persist from now until then, and even thereafter. When markets are uncertain, they tend to range before the dollar reveals its true strength or weakness following interest-rate changes.
See my video version:
One of the key reasons for the sell-off in precious metals on 30 January was the US president’s nomination of Kevin Warsh as the next Fed chairman.
We then saw headlines such as: ‘Silver dropped 26% in under 20 hours; gold saw its worst day since the 1980s — driven by Warsh’s hawkish image.’
How might Warsh’s hawkish stance impact precious metals and their outlook in the coming months? Are precious metals still bullish – 30 Jan sell off as retracement for mor upside,
or are they turning bearish, now is a retracement for more selling ahead?
100-Ounce Silver Futures
Ticker: SIC
Minimum fluctuation:
0.01 per troy ounce = $1.00
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs tradingview.com/cme/
See my video version:
One of the key reasons for the sell-off in precious metals on 30 January was the US president’s nomination of Kevin Warsh as the next Fed chairman.
We then saw headlines such as: ‘Silver dropped 26% in under 20 hours; gold saw its worst day since the 1980s — driven by Warsh’s hawkish image.’
How might Warsh’s hawkish stance impact precious metals and their outlook in the coming months? Are precious metals still bullish – 30 Jan sell off as retracement for mor upside,
or are they turning bearish, now is a retracement for more selling ahead?
100-Ounce Silver Futures
Ticker: SIC
Minimum fluctuation:
0.01 per troy ounce = $1.00
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs tradingview.com/cme/
konhow@weipedia.com
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منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.