With silver’s spot price approaching a critical neckline on the weekly chart, investing silver could enter an accelerated breakout phase. Traders monitoring volume spikes at resistance zones confirm heightened activity from both retail and institutional capital. “Earlier this year, Secretary Duffy and the Federal Highway Administration launched a review of the program’s guidance to make the NEVI program more efficient,” Sizemore said. “If a [state’s] submitted plan meets the requirements detailed in the updated program guidance, it will be approved and the State’s NEVI funding will be made available for obligation.” Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. Such divergence is often seen in strong industrial demand cycles, particularly during bullish equity market corrections.
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