My view on Silver

Could there be a possibility that Silver may drop before the ADP report just like it did in Sep? 

I will keep a watch on this. I would want to see how this plays out. 

Here's another chart with another theory taking wars and conflicts in consideration. 

First point is when the Ukraine and Russia war begins. We see Silver reacts to this news and spikes. Later we see a massive drop till September 2022. 

In September we see price rise on the data that Inflation has peaked and in trending down. 

Continution of Hike cycles will depend on the inflation data. Inflation data will have impacts from the conflicts - be it Russia or Ukraine or Israel and Gaza. 

And we may see some price detioration in siver price if war continues longer.