Silver price holds lower ground near the short-term key support comprising 50-day EMA, three-week-old ascending support line. Receding bullish MACD signals, sustained pullback from 61.8% Fibonacci retracement tease sellers. Bulls …
Silver Price Analysis: XAG/USD sellers approach $20.20 support confluence Read More
Silver price is dropping close to 1.50% on Thursday. July’s US CPI and PPI inflation reports show signs of topping; however, Fed officials remained hawkish. Traders’ focus shifts toward the …
Silver Price Forecast: XAGUSD eyes a break below the 50-DMA as US bond yields rally Read More
Silver keeps pullback from six-week high inside a bearish chart pattern. Higher low on RSI backs firmer prices to suggest short-term grind towards the north. 200-SMA adds to the downside …
Silver Price Analysis: Rising wedge teases XAG/USD bears around mid-$20.00s Read More
Silver price edged up 0.57% on Wednesday after US inflation eased from 4-decade highs. US inflation annually decelerated from above 9% as gasoline prices dropped. Fed’s Evans and Kashkari expect …
Silver Price Forecast: XAGUSD hangs around $20.60s, unable to rally despite US dollar weakness Read More Silver witnesses some selling for the second straight day and moves away from a multi-week high. The technical set-up still seems tilted in favour of bulls and supports prospects for …
Silver Price Analysis: XAG/USD flirts with 50-DMA/50% Fibo. resistance-turned-support Read More
Silver price drops as US bond yields escalate while the US dollar weakens. Sentiment remains fragile, shifting sour since the European equities close. Silver’s price action to remain choppy ahead …
Silver Price Forecast: XAGUSD falls from weekly highs, above the 50-DMA ahead of US inflation data Read More Silver oscillates in a narrow band and consolidates its recent gains to a multi-week high. The overnight breakout through the 50-DMA/50$ Fibo. confluence favours bullish traders. Any meaningful dips could …
Silver Price Analysis: XAG/USD seems poised to appreciate further and aim to reclaim $21.00 Read More Silver regains traction on Monday and reverses a major part of Friday’s fall to over a one-week low. Bulls still need to wait for a move beyond the $20.30-35 confluence …
Silver Price Analysis: XAG/USD jumps back above $20.00, 50-DMA/50% Fibo. holds the key Read More Silver price remains pressured towards monthly horizontal support. RSI retreat, receding bullish bias of MACD also favor sellers. Bulls await successful trading beyond May’s low to retake control. Silver price …
Silver Price Analysis: XAG/USD extends pullback form 50-DMA towards $19.50 Read More