Silver price forecast: XAG/USD rises to near $61.40 as US yields retreat, NFP eyed
Gold and silver face downside risks as the dollar rallies, while the upcoming US jobs report could shape the next move in both metals.
Silver Price Forecast: XAG/USD slips below $60.50 amid rising inflation concerns
COMEX Silver drawdown partially reversed last week
Silver reclaimed $60.84 after breaking Tuesday's low as the 10-year yield reversed. Payrolls now tests whether the failed breakdown can build.
Silver's coma at $60 is a coiled spring. Here's why it could break out once one driver turns
Silver continues to bounce around as we wait for jobs figures coming out on Friday.
Silver Price Forecast: XAG/USD seems vulnerable near $60 amid soaring US Treasury Yields
Silver Price Forecast: XAG/USD holds above $61.00 amid easing Fed rate hike expectations
Hello fellow traders/ Silver ($XAGUSD) has recently moved lower as part of the corrective cycle that started from the August high at 71.20. The current price action is giving us an interesting Elliott Wave structure, which we will examine in this analysis.
Silver Price Forecast: XAG/USD remains vulnerable near $60
Silver sold the softer PCE bounce as the 10-Year yield held near its high, putting the $60.84 all-time-high retracement back in play.