- Silver price volatility compresses near $23.00 while the US Dollar remains subdued.
- Investors turn baffled between rising hopes of the Federal Reserve’s (Fed) soft landing and resilient US dollar.
- Silver price consolidates below the 61.8% Fibonacci retracement at $23.30.
Silver price (XAG/USD) demonstrates a volatility squeeze near the crucial support of $23.00, following the footprints of the subdued US Dollar. The white metal struggles to find a direction as investors turn baffled between rising hopes of the Federal Reserve’s (Fed) soft landing and resilient US dollar due to deepening global uncertainties.
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