Retail Investors Pour Over $920 Million into Silver ETFs, Setting Record Highs
- Record Inflows: In the last 30 days, retail investors have funneled over $920 million into silver-linked ETFs, marking the largest inflow ever, with iShares Silver Trust (SLV) and ProShares Ultra Silver (AGQ) being the primary beneficiaries, indicating strong market interest and confidence in silver.
- Sustained Inflows: SLV has seen 169 consecutive sessions of inflows, recording its second-highest net buying day on Wednesday, which suggests a persistent demand for silver that could lead to further price increases in the near future.
- Price Volatility: Silver surged over 20% in just four days, hitting an all-time high of $94 on Wednesday before a 7.3% drop on Thursday due to profit-taking, reflecting the market's high volatility and cautious investor sentiment.
- Tight Supply Dynamics: Concerns over tariffs have led to increased silver stockpiling in warehouses, resulting in tight supply; last year, silver prices soared nearly 150%, driven by demand from the solar industry, highlighting silver's strong demand potential moving forward.
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Technical Analysis for TRUMP
Technical Sentiment Analysis for OFFICIAL TRUMP (TRUMP) As of , OFFICIAL TRUMP (TRUMP) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 7 technical signals, shows that 4 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for TRUMP stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, TRUMP is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
OFFICIAL TRUMP (TRUMP) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 1.512 | 2.266 | 3.092 | 3.846 | 4.672 | 5.426 | 6.252 |
| Fibonacci | 2.266 | 2.869 | 3.242 | 3.846 | 4.449 | 4.822 | 5.426 |
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