
After yesterday’s CPI data, silver made a huge leap and reached the key resistance. The dollar index fell the most in a single day since 2009, gold rise to 1765 amid the weakening of the dollar while silver reached 22.
22 was the main post covid support until it was broken in May. Now, it is quite possible it will be a major resistance that can curb further up moves. Also, the middle point of this year’s top and bottom, 22.25. 22 – 22,25 zone will be key zone to watch for medium-term direction.