If whole world says, with Rate Cut Precious Metals would rally, and everyone gets into Buy would the Metals see Bullish Run..
That's not the case.. And with Biggest American banks Selling Silver on Rise, and carrying huge Silver shorts, we would need to hold our horses for Silver to show Steep Gains again..
Sell XAGUSD on 31-31.50 Levels and Buy XAGUSD around 28 - 29 Levels..
Any upside or big downside is not in perspective..
Downwards trajectory started for Silver, hold for Short Target Range as discussed..
But with time, and with heavy movements, volatility will increase, due to heavy confusion between Retail & Bulk (Institutional) Traders..