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GBPJPY Breaks Resistance – Forecast for March 5, 2025

The GBPJPY currency pair experienced a strong bullish rally on Tuesday, breaking through the bearish channel's resistance at 190.55. This breakout led to significant...
HomeLatestSilver Price Faces Decline – Market Forecast for March 4, 2025

Silver Price Faces Decline – Market Forecast for March 4, 2025

Silver prices initially attempted to break through the $31.63 level but faced strong resistance from the 50-period EMA, halting the upward momentum. As a result, silver has started today with a negative bias, settling below the mentioned resistance level. Additionally, clear negative signals are being observed through stochastic indicators, suggesting further downside potential.

Trend Forecast: Bearish

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