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 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 […]
