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May 19th - According to an Axios report, two sources familiar with the matter revealed that in the 24 hours before Trump announced the cancellation of the planned strike on Iran on Tuesday, he spoke with the leaders of Saudi Arabia, Qatar, and the United Arab Emirates. One US official stated, "Doha, Abu Dhabi, and Riyadh sent a unified message, roughly meaning Give us a chance to negotiate, because if you strike Iran, we will all pay a price." Another source said that Trump told some hawkish political allies that the three Arab leaders told him they did not want their oil and energy facilities to be destroyed in retaliation from Iran.The Nikkei 225 index opened 548.22 points higher, or 0.90%, at 61,364.17 on Tuesday, May 19.According to the Financial Times, if SpaceXs valuation reaches the expected $1.75 trillion, Dan Sondheims company, D1 Capital Partners, will hold shares worth approximately $20 billion.Japans nominal GDP grew at a preliminary rate of 0.8% quarter-on-quarter in the first quarter, below the expected 0.80% and the previous reading of 0.90%.On May 19th, according to foreign media reports, soybean oil futures on the Chicago Board of Trade (CBOT) closed higher on Monday, with the benchmark contract rising 2.4%, recovering some of last weeks losses. Stronger international crude oil futures, a clearer outlook for biofuel demand, and lower-than-expected US soybean oil inventories further supported soybean oil prices. Oilseed meal arbitrage trading was active on the day. Data released last week by the National Oilseed Processors Association (NOPA) showed that as of the end of April, NOPA members soybean oil inventories were 1.947 billion pounds, down 4.5% from March, slightly below market expectations, but up 27.5% from the same period last year. Calculations based on the USDAs weekly crush report showed that as of the week ending May 15, 2026, US soybean crush margins were $4.99 per bushel, up 2.04% from the previous week.

Predictions for the Silver Market: A Turbulent Time Ahead

Alina Haynes

Jul 22, 2022 14:58

 截屏2022-07-22 下午2.38.00.png

 

Silver fell during Thursday's trading session, but it recovered after the European Central Bank raised interest rates, which placed downward pressure on the US dollar. I believe it is only a matter of time until sellers re-enter the market and force this commodity lower since this is a market that continues to witness a lot of noisy activity. However, there are many grounds to believe that silver's value will decline below that of the dollar.

 

Silver's demand is expected to remain weak due to low consumer demand. At this point, I believe it is best to "fade the rise," since it will likely be just a matter of time until sellers re-enter the market. We're probably going to break up soon, and the $20 level above should provide a lot of resistance on the way up.

 

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It's conceivable that sellers will enter the market even if we break over the $20 level, and then the 50 Day EMA will come into play. The 50-day moving average (MA) is currently at $20.73, and it's falling. In the end, I believe that many individuals will rush into this market as soon as it shows indications of tiredness. If the price drops below the hammer's base, it would be reasonable to assume that the $15 support level will be quickly breached.


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