Silver posts 0.31% gain, finishing the week with over 4% losses. Technical outlook indicates potential deeper correction if prices drop below $27.00. Resistance seen at […]
Tag: Silver
Silver Price Analysis: XAG/USD sinks below $30.00 as bearish-engulfing pattern looms
Silver declines 3.86% sparked by firm US Treasury yields and a strong US Dollar. Technical outlook shows a bearish engulfing pattern with RSI turning bearish, […]
Silver Price Analysis: XAG/USD stays firm and consolidates around $29.50
Silver maintains gains above $29.50 for the second day, buoyed by rate cut speculation. Neutral to downward bias with first support at the 50-DMA near […]
Silver Price Forecast: XAG/USD nosedives below $30 as strong US NFP report boosts US yields
Silver price drops vertically below $30.00 as US yields soar after upbeat US NFP report for May. Both job and wage growth beat estimates. Pause […]