Precious Metals to Range Before Next BreakoutSilver FuturesCOMEX_DL:SI1!konhowAt the beginning of the year, gold and silver were breaking new highs, and there was so much excitement at the time. Now, they seem stagnant, trapped in a fairly wide range. I believe they will remain this way for a while before they are ready to retest their all-time highs and go higher again. In this tutorial, I will discuss why precious metals may stay in this range for some time. This is due to inflation. There is an expectation of rising interest rates. This puts pressure on non-interest-bearing assets like gold and silver. However, it is also this very inflation that should ultimately cause these assets to break out from their previous highs set in January this year. 100-Ounce Silver Futures Ticker: SIC Minimum fluctuation: 0.01 per troy ounce = $1.00 Disclaimer: • What presented here is not a recommendation, please consult your licensed broker. • Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises. CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs https://www.tradingview.com/cme/