Silver is stabilizing near key support after a sharp decline, but any rebound may face strong resistance before the broader bearish correction resumes.
Silver Price Forecast: XAG stays below $60 as death cross threat looms
Silver continues to be a lot of choppiness just waiting to happen. The silver market has been noisy as of late, and now looks as if it is trying to turn things around.
Silver price forecast: Warsh's speech and Thursday's payrolls report could determine whether silver extends losses or stages a rebound this week.
Silver Price Forecast: XAG/USD declines to near $58.60 as US-Iran attacks renew energy supply concerns
Gold and silver remain under pressure as NFP data, Fed rate-hike expectations, and US-Iran talks shape market sentiment.
Silver Price Forecast: XAG/USD remains below $59.00 on renewed Hormuz tensions
Silver rebounded as the dollar eased, but Fed rate expectations still dominate. Read the latest silver analysis and price outlook.
Silver Price Forecast: XAG breaks below $60, bears eye $55
Markets are entering one of those frustrating phases where price is moving, but conviction is still missing.
The silver market gapped lower this past Monday, as we continue to see a lot of downward pressure in the silver market, as the US dollar continues to be strong in general, weighing on silver markets.
The silver market fell to kick off the Friday session, as we are sitting below the $60 level. This is an important level that will cause a lot of headlines.