Silver price becomes flat after the release of the better-than-expected US JOLTS Job Openings data for June. US employers posted fresh 8.18 million vacancies. The Fed is expected to leave interest rates steady for eighth straight time. Silver price (XAG/USD) surrenders its intraday gains and falls slightly below $28.00 in Tuesday’s New York session. The […]
Silver posts 0.31% gain, finishing the week with over 4% losses. Technical outlook indicates potential deeper correction if prices drop below $27.00. Resistance seen at $28.91 if silver rallies past $28.00, with next stop above $29.00. Silver ended its two-day losing streak yet finished the week with losses of more than 4%, as investors booked […]
Silver retreats over 2% yet holds above $30.78 ‘double bottom’ neckline. Downward momentum noted, but RSI in bullish range hints at potential rebound. Key support at $30.50; further levels at $30.00 and $29.82/79 zone. Resistance points at $31.00, $31.75, $32.15, aiming for the YTD high of $32.51. Silver price reversed course and registered losses of […]
Silver up 0.49, boosted by lower US inflation data and Fed rate cut prospects. Technical analysis shows bearish trends; RSI indicates selling pressure with lower highs, lower lows. Resistance levels: $29.19 (50-DMA), $31.54 (June 7 high), $32.00, $32.51 (YTD high). Support points: $29.00, $28.28 (June 10, 2021, high), $28.00, $27.01 (May 8 low), $26.82 (100-DMA). […]
Silver declines 3.86% sparked by firm US Treasury yields and a strong US Dollar. Technical outlook shows a bearish engulfing pattern with RSI turning bearish, indicating potential further losses. Key support levels: 50-DMA at $29.09, $29.00, and MTD low of $28.66, with deeper support at 100-DMA of $26.60. Key resistance levels: June 7 high at […]
Silver price today: Falls on June 18
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Silver prices (XAG/USD) fell on Tuesday, according to FXStreet data. Silver trades at $29.20 per troy ounce, down 0.89% from the $29.46 it cost on Monday. Silver prices have increased by 14.64% since the beginning of the year. Unit measure Today Price Silver price per troy ounce $29.20 Silver price per gram $0.94 The […]
Silver price dives below $30 as the US Dollar recovers amid caution ahead of US NFP data. Market speculation for the Fed reducing interest rates in September improves. Silver price weakens after a Double Top breakdown. Silver price (XAG/USD) declines below the psychological support of $30.00 in Tuesday’s European session. The white metal weakens as […]
Silver price today: Rises on May 27
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Silver prices (XAG/USD) rose on Monday, according to FXStreet data. Silver trades at $30.81 per troy ounce, up 1.50% from the $30.36 it cost on Friday. Silver prices have increased by 20.97% since the beginning of the year. Unit measure Today Price Silver price per troy ounce $30.81 Silver price per gram $0.99 The […]
Share: Silver Price licks its wounds after falling the most since mid-June. Nearly oversold RSI conditions join recently firmer MACD signals to prod XAG/USD bears. 200-SMA holds the gate for Silver buyer’s entry, previous support line from late June guards immediate recovery. Silver bears need validation from $22.00 to challenge yearly low marked […]
Share: Silver stages a modest recovery from a nearly one-month low touched on Monday. The technical setup favours bearish traders and supports prospects for further losses. A sustained strength beyond the $24.00 mark is needed to negate the bearish bias. Silver attracts some buying on Tuesday and recovers a part of the previous […]
Share: Silver Price struggles to extend 200-DMA breakdown as ascending trend line from early March prod sellers. Below-50.0 RSI adds strength to downside barriers ahead of directing XAG/USD price toward June’s low. Silver buyers have a bumpy road to travel on their return despite crossing jumping back beyond 200-DMA. Silver Price (XAG/USD) remains […]
