{"id":438362,"date":"2026-09-18T17:00:03","date_gmt":"2026-09-18T10:00:03","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/silver-soars-by-more-than-7-as-the-feds-dot-plot-shows-low-appetite-for-rate-hikes-438362\/"},"modified":"2026-09-18T17:00:03","modified_gmt":"2026-09-18T10:00:03","slug":"silver-soars-by-more-than-7-as-the-feds-dot-plot-shows-low-appetite-for-rate-hikes","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/silver-soars-by-more-than-7-as-the-feds-dot-plot-shows-low-appetite-for-rate-hikes-438362\/","title":{"rendered":"Silver soars by more than 7% as the Fed’s dot plot shows low appetite for rate hikes"},"content":{"rendered":"
\n

FUNDAMENTAL
\n OVERVIEW<\/p>\n

\u00a0<\/p>\n

Silver briefly
\n slipped below the key $63.00 support on the FOMC decision, but the move was
\n quickly reversed.<\/p>\n

The Fed delivered
\n the widely expected 25 bps rate hike and projected one additional hike in 2026.
\n The central bank then sees rates remaining unchanged throughout 2027 before
\n resuming cuts in 2028.<\/p>\n

Interestingly, the
\n initial market reaction was hawkish despite the Fed’s projections being less
\n aggressive than what markets had priced. The consensus ahead of the meeting was
\n for one additional hike in both 2026 and 2027. The Fed’s projection matched the
\n 2026 expectation but showed no additional hike in 2027, while markets had been
\n pricing one hike in 2026 and two in 2027.<\/p>\n

In other words,
\n the Fed’s projected path was actually less hawkish than the market had
\n anticipated. Fed Chair Warsh was also perceived as more hawkish than expected,
\n although his comments largely reiterated the message from his Jackson Hole
\n speech, with only limited adjustments following the rate hike. <\/p>\n

Once the initial
\n reaction faded, markets reversed course and silver started its rally. A more
\n detailed breakdown of the Fed decision is available here<\/a>.<\/p>\n

Looking ahead, I would
\n carefully watch the situation in the Middle East as $100 oil, rate hikes and
\n elevated bond yields might put more pressure on Trump to end the war. We might
\n be already entering a de-escalation phase as Trump called a meeting with Gulf
\n leaders on Tuesday on the sidelines of the UN General Assembly in New York to
\n discuss the next steps in the war with Iran. Notably, the Iranian delegation
\n will be allowed to participate. <\/p>\n

A de-escalation
\n would send oil prices lower, easing inflation and rate hikes concerns,
\n ultimately supporting silver.<\/p>\n

Economic data will
\n be another key driver. When positioning and market expectations become
\n stretched, even a modest shift in the data can trigger a significant reversal.
\n If the US data starts surprising to the downside, expectations for aggressive
\n rate hikes will likely be reduced, giving silver additional boost. <\/p>\n

\u00a0<\/p>\n

SILVER TECHNICAL
\n ANALYSIS \u2013 DAILY TIMEFRAME<\/p>\n<\/p>\n

On the daily chart, we can
\n see that silver probed below the major 63.00 support but eventually rebounded
\n strongly and it\u2019s now approaching the swing high around the 68.00 level. That\u2019s
\n where we can expect the sellers to step in with a defined risk above the swing
\n level to position for a drop back into the 63.00 support. The buyers, on the
\n other hand, will look for a break to increase the bullish bets into the 71.50
\n level next.<\/p>\n

\u00a0<\/p>\n

SILVER TECHNICAL ANALYSIS \u2013
\n 4 HOUR TIMEFRAME<\/p>\n<\/p>\n

On the 4 hour chart, we can
\n see that the break of the trendline increased the momentum as more buyers piled
\n in to target new highs. The natural target should be the swing high around the
\n 68.00\u00a0 handle. Again, that\u2019s where we can
\n expect the sellers to step in to position for a drop into the 63.00 support,
\n while the buyers will look for a break to extend the rally.<\/p>\n

\u00a0<\/p>\n

SILVER TECHNICAL ANALYSIS \u2013
\n 1 HOUR TIMEFRAME<\/p>\n<\/p>\n

On the 1 hour chart, we
\n have a minor upward trendline defining the bullish momentum. If we get a
\n pullback, we can expect the buyers to lean on the trendline with a defined risk
\n below it to keep pushing into new highs. The sellers, on the other hand, will
\n look for a break to pile in for a drop into the 63.00 support next. The red
\n lines define the average daily range<\/a> for today.<\/p>\n

UPCOMING CATALYSTS<\/p>\n

On Tuesday<\/a>, we have the Trump meeting with Gulf leaders and on
\n Wednesday we get the Flash US PMIs.<\/p>\n

This article was written by Giuseppe Dellamotta at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

FUNDAMENTAL OVERVIEW \u00a0 Silver briefly slipped below the key $63.00 support on the FOMC decision, but the move was quickly reversed. The Fed delivered the widely expected 25 bps rate hike and…<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-438362","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/438362","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=438362"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/438362\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=438362"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=438362"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=438362"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}