Silver Miners (SIL) looking for a double correction
The silver market continues to see choppy trading as the PCE numbers came out in the USA.
Silver price today: Silver falls, according to FXStreet data
Silver Price Forecast: XAG/USD trades flat around $61.50, US data awaited
Silver Price Forecast: XAG/USD hangs near eight-week low; bears retain control near $61.00
Gold and silver struggle to recover ahead of US PCE inflation as high Treasury yields keep both metals under pressure.
Silver formed a closing price reversal bottom at $60.30, but PCE must cool rate-hike expectations to bring follow-through buying into the market.
Silver price retreats as rising US yields, Hormuz tensions bolster US Dollar
Silver is more volatile than Gold ahead of PCE and NFP. This chart shows the positioning gap
Silver could bounce from the key $60 support area if U.S. interest rates continue to cool.
Silver Price Forecasts: XAG/USD holds below $ 61.00 amid US Dollar strength
Silver price today: Silver falls, according to FXStreet data