@timothy99 on XAGUSD | PriceONN Community
I'm curious to hear everyone's thoughts on the long-term outlook for XAGUSD given the current macroeconomic climate. While the short-term technical indicators present a mixed picture, do you believe silver will maintain its value as a hedge against inflation in the coming months? What price targets are you considering for the end of Q3?
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Update: To clarify my previous post, I'm specifically interested in opinions on how rising interest rates might impact silver's performance. Historically, higher rates have put downward pressure on precious metals. However, given the geopolitical uncertainty, could silver potentially buck this trend? Any insights would be appreciated.