Silver Driver Strength IndexSilver Driver Strength Index
This indicator compares Silver with the macro forces that often influence its move
It helps separate price strength from driver strength
Silver can rise because the backdrop is supportive
But that is not the same as Silver showing strength beyond its usual drivers
The index uses Gold, dollar strength, yields, real yields, inflation expectations, and volatility
Above 0 means Silver is showing strength beyond its drivers
Below 0 means the drivers are doing more of
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