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1. This round of Israeli-Palestinian conflict has resulted in 51,201 deaths in the Gaza Strip. 2. Lebanon said that the Israeli armys attack on southern Lebanon caused one death and two injuries. 3. The Israeli army claimed to have killed a senior commander of Hezbollah in Lebanon. 4. According to the Jerusalem Post: The Israeli Security Cabinet will hold a meeting on Tuesday. 5. The Iranian Foreign Minister said that Iran-US talks must be extremely cautious. 6. The Iranian Foreign Minister: Israel is the only obstacle to the "denuclearization" of West Asia. 7. The Hamas delegation held talks with the Turkish Foreign Minister on a ceasefire in Gaza. 8. The Israeli army announced the results of the investigation into the attack on the Gaza ambulance convoy in March, admitting that there was a so-called "misjudgment". The Palestinian response: full of lies. On April 21, after 0:00 on the 21st local time, with the end of Easter, Russias 30-hour ceasefire officially expired and will not be extended. As of press time, neither Russia nor Ukraine has issued a statement on extending the ceasefire. Russian President Vladimir Putin said when meeting with Russian Chief of General Staff Gerasimov on the 19th that on the occasion of Easter on the 20th, the Russian army will stop all combat operations from 18:00 on the 19th to 0:00 on the 21st. Russia hopes that Ukraine will follow Russias example. Zelensky posted on social media on the same day, proposing to extend the ceasefire until after Easter on the 20th, saying that 30 hours is not enough to build real trust. On the 20th, Russian Presidents Press Secretary Peskov responded to questions raised by Russian media about the possibility of extending the ceasefire, saying "there are no other instructions." He said on the same day that Putin did not issue an order to extend the ceasefire.US President Trump hopes Russia and Ukraine can reach an agreement this week.On April 21, US President Trump said on the social platform, "The golden rule of negotiation and success: those who own gold make the rules." In addition, he also said, "Businessmen who criticize tariffs are not good at business, but what they are really bad at is politics. They dont understand or realize that I am the best friend of American capitalism ever!"On April 21, the Russian Ministry of Defense said on the 20th that the Ukrainian army continued to attack the Russian side despite the Easter ceasefire proposal. Ukrainian President Zelensky said on the same day that the Russian armys attacks continued during the Easter period. The Russian Ministry of Defense website issued a statement on the same day saying that the Ukrainian army ignored the Easter ceasefire proposal and attempted to attack the Russian army positions in two settlements in the Donetsk region at night, but was repelled. Zelensky posted on social media on the 20th that as of 16:00 that day, the Russian army launched 46 assaults and 901 artillery attacks from all directions. He also said that during the Easter period, the Russian armys fighting in the Pokrovsk direction in eastern Ukraine was the most active. Russias claim of a ceasefire in Kursk Oblast and other places "fell through."

Predictions for the Silver Market: A Turbulent Time Ahead

Alina Haynes

Jul 22, 2022 14:58

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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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