Silver clears $34.23 resistance, eyes last year’s high at $34.86 and potentially $35.00 for first time since 2012. US auto tariffs trigger global uncertainty, fueling strong demand for safe-haven metals like Silver. Key support now at $34.00; breakdown may expose $33.51 and psychological $33.00 level. Silver price rallies sharply on Thursday, clears the $34.00 mark
Silver regains positive traction and looks to build on recovery from a two-week low set last Friday. The recent repeated failure to find bearish acceptance below $33.00 validates the positive outlook. Weakness below the 100-period SMA on the 4-hour chart might shift the bias in favor of bears. Silver (XAG/USD) attracts fresh buyers following the
Silver steadies near $33.00 after bears lose momentum at $32.89 intraday low. ‘Quasi gravestone doji’ hints at potential shift as bulls defend narrow support range. A break above $33.30 opens path to $33.94; downside risks if $32.90 support fails. Silver’s price was flatline on Monday, hovering around $33.00 an ounce, snapping three consecutive days of
Silver plunges 1.6% as US Dollar and yields surge late Friday. XAG/USD hits weekly low of $32.66, pressured by a resurgent Greenback and elevated US Treasury yields. Sellers fail to breach $32.50 support, keeping downside capped for now, with key support at $31.91 (50-day SMA). A rebound above $33.10 could trigger a late recovery toward
Silver retreats to $33.78 from $34.09 high after Fed holds rates, citing economic uncertainty. Bearish patterns, including ‘quasi-shooting star’ and ‘hanging man,’ suggest potential further declines. Key support at $33.39; a break below could expose $33.00. Resistance at $34.51 and $35.00 if bulls rally. Silver price finished the day with a loss of over 0.55%
Silver price may test the primary support at the nine-day EMA of $32.21. The 14-day RSI remains above the 50 mark, confirming a bullish bias. A successful return to the ascending channel would further reinforce the positive outlook. Silver price (XAG/USD) remains subdued for the third successive day, trading around $32.40 during the European hours
Silver price falls to near $32.40 as US President Trump relaxes tariffs on automobiles from Canada and Mexico for a month. Higher US bond yields have contributed to some correction in the Silver price. Investors await the US NFP data, which will influence the Fed’s monetary policy outlook. Silver Price (XAG/USD) corrects from the weekly
Silver price extends the rally to near $32.15 in Wednesday’s early European session, up 0.90% on the day. The positive view of Silver prevails above the key 100-day EMA with the bullish RSI indicator. The immediate resistance level emerges at the $33.00-$33.05 region; the key support level to watch is in the $31.15-$31.00 zone. Silver
Silver price may face initial resistance at the 14-day EMA near $32.12. Daily chart analysis suggests a growing bearish outlook, as the metal remains below the ascending channel. The initial support appears at the psychological level of $31.00. Silver price (XAG/USD) halts its three-day losing streak, trading near $31.80 per troy ounce during the European
Silver price edges lower to $32.75 in Wednesday’s Asian session. The constructive outlook of Silver remains in play above the 100-day EMA with the bullish RSI indicator. The first upside barrier emerges at the $33.30-$33.40 region; the initial support level is located at $31.79. Silver price (XAG/USD) attracts some sellers to near $32.75 during the Asian