Spot silver rose as the dollar and Treasury yields pulled back, but it remains below its 50-day average and inside resistance ahead of Wednesday's Fed minutes.
Silver Price Forecast: XAG/USD remains range-bound below daily SMAs
Silver continues to test the $60 region. This is an area that the market continues to see a lot of interest in, and so-called “market memory.
Silver Price Forecast: XAG/USD rebounds to near $61.00 as US Dollar comes under pressure
Silver price today: Silver broadly unchanged, according to FXStreet data
XAGUSD finds a bounce Silver (XAGUSD) attempts to break away from the recent triple bottom after confirming its position above 61.00. A jump above 62.00 would force more sellers to cover, stirring volatility.
Silver Price Forecast: XAG/USD falls to near $60.50 as US Treasury yields rise
Gold and Silver bounce — But the bond market still holds the reins
Silver is testing critical support at $59.69 as bearish momentum builds, with a recovery facing resistance and a breakdown threatening further downside.
Silver Price Forecast: XAG/USD builds base above $60, eyes $64
Silver continues to see a lot of pressure based on interest rates in the United States, Germany, and beyond.
Silver Price Forecast: XAG/USD jumps to near $61.80 as hawkish Fed bets recede