Silver Price Forecast: XAG/USD trades almost flat above $72 as Trump's Iran deadline is in focus
Silver Price Forecast: XAG/USD consolidates around $73.00/200-period EMA pivotal hurdle
Silver trades sideways as US-Iran war tensions and technical barriers weigh on XAG/USD
The silver market continues to be fairly noisy, but at this point in time, it looks like we are simply trying to form a range to trade in.
Silver didn't just survive last Thursday's selloff—it revealed something important. The nearly 9% plunge was a stress test, and the market's response—holding firmly above 70—signals that the defense of 70 is more than technical noise.
Silver price today: Silver rises, according to FXStreet data
Silver Price Forecast: XAG/USD rebounds to near $73.50 on Middle East ceasefire odds
Silver Price Forecast: XAG/USD wobbles around $72.50 in countdown to Trump's ultimatum
Silver Price Forecast: XAG/USD falls toward $72.00 on hawkish Fed outlook
Pan American Silver just released a dramatically improved mine plan for its La Colorada Skarn project. The numbers are better in every way.
Silver has a slightly positive week as we try to build from the initial recovery over the last few weeks.
The $70 level continues to be a major level in the silver market.