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XAG USD
XAG/USD corrects from multi-week high and slides to $23.75-$70 range
Silver saw an intraday reversal from the four-week high set on Friday last week.
The setup favors bullish traders and supports the prospects for dip buying to occur.
Continued strength above $24.00 is needed to…
Huntsman top list; Albemarle falls after tepid forecast for 2022
chonticha wat/iStock via Getty Images The S&P Materials sector ended marginally higher this week +0.19%with the Materials Select Sector SPDR (NYSEARCA:XLB) to take a slight dip in -0.24%. gold prices (XAUUSD:CUR) were the highlight…
Ichimoku Cloud Analysis: XAG/USD, AUD/USD, GBP/USD
XAG/USD, “Silver vs. US Dollar”
XAG/USD trades at 23.93; the instrument moves above the Ichimoku cloud, indicating an upward trend. Markets may suggest that the price could test Tenkan-Sen and Kijun-Sen at 23.60 and…
XAG/USD declined nearly $23.50 ahead of Fed minutes on an eye on news out of Russia and Ukraine
Spot silver is subdued in the mid-$23.50 level as traders await the forthcoming release of minutes from the Fed's January meeting.
Traders will note support for a larger 50 basis point move, although the minutes are…
XAG/USD is fighting the USD 24.00 hurdle amid an upcoming bull cross
Silver is dragging higher around the three-week high on the looming bullish moving average cross.
Bullish MACD signals keep buyers hopeful, the 23.6% Fibonacci retracement protects the immediate upside.
Beyond the…
XAG/USD falls back to $23.00 as markets consider the prospect of faster Fed tightening post-hot CPI
Spot silver fell back towards $23.00 on Friday, a second day of losses after Thursday's hot US CPI.
The data prompted another hawkish shift in Fed bets on tightening and a rise in US bond yields.
Traders also cited…
NZD/USD is near two-week high just below 0.6700 while traders await US CPI
NZD/USD gained positive traction for the third straight day despite lacking bullish conviction.
A positive risk tone extended support for the perceived riskier kiwi amid muted USD demand.
Traders appeared cautious,…
protection plays? Gold and Bitcoin experience ‘stealth surges’ – Pepperstone
(Kitco News) The precious metals and crypto markets are experiencing a “stealthy rise,” says Pepperstone. But does that mean investors are stepping up their protections?
“There's been a stealth creep in crypto…
XAG/USD is rallying up to $23.00 as the XAG bulls prepare to challenge the 100-DMA
The non-yield metal rallied even though the US 10-year Treasury yield stayed above the 1.90% threshold.
US inflation expectations fall to 2.4%, FRED data shows.
XAG/USD is neutrally biased, but the XAG bulls are…
XAG/USD steady around $22.40 despite rising US T-Bond yields post-NFP
Nonfarm payrolls came out better than analysts had predicted, despite being talked down by the White House.
Silver is up 0.18%, following the US dollar's footsteps.
XAG/USD's failure to reclaim an ascending…
XAG/USD bulls expect sustained move beyond 200-DMA, NFP in focus
Hawkish BoE and ECB prompted some intraday selling around gold on Thursday.
The weaker USD and a sharp decline in US stock markets helped reverse the initial slide.
Investors are expecting fresh impetus from the…
DJI, GDU, PowerVision, XAG, ChinaRSGeoinformatics Co., – Bristol City Supporters Trust
,Introduction and ScopeThe aim of the Rotary Wing Unmanned Aerial Vehicles market report is to study and discuss the current and future picture of the Rotary Wing Unmanned Aerial Vehicles industry. Currently, the rotary wing…
XAG/USD forming a bullish harami as bulls target $23.00
Silver is flat after entering a week of losses, although nearing the end of the New York session, silver is flat.
The US 10-year T-bond yield is unchanged at 1.777%, despite Fed policymakers targeting a cluster of…
XAG/USD falls nearly 8% on the week as bears eye $22
Silver was down almost 8% this week, the biggest drop of the year.
The greenback is posting its best week since June 2021, with the DXY stable at 97.251.
XAG/USD is still under downward pressure and a break below…
Today’s Mortgage Rates Slip Again | January 27, 2022
The average daily interest rate on a 30-year fixed-rate mortgage continues to move lower, falling to 3.966% today. The interest rate on a 30-year refinance is also lower today, averaging 4.103%. However, the interest rate on a 5/1…
XAG/USD is floating around $23.80 amid risk-off market sentiment
Rising US T-bond yields underpin greenback weight on the precious metals complex.
Tensions in Ukraine and Russia keep markets searching for USD safe haven status.
XAG/USD Technical Outlook: Bearish biased unless it…
Hovering around $13.50 within the fortnightly triangle
USD/TRY posts modest gains to erase 2-week losses.
The confluence of 100/200 SMA offers strong resistance within the immediate triangle.
A stable RSI is suggesting further looping below key SMAs.
USD/TRY starts…
XAG/USD is back below $24.50 after failing to scale above 200 DMA on Thursday
Silver slipped back below $24.50 on Friday despite a sharp drop in US Treasury yields amid safe haven demand.
XAG/USD appears to be suffering from profit-taking ahead of the weekend after failing to break above its…
XAU/USD falls from 2-month highs near $1,748 as yields pause with correction
Gold is up for the second day in a row, heading for its highest close in two months.
The dollar was broadly mixed as stock prices rallied.
To update: Gold prices are trading little changed around 1,843 on the day…
XAG/USD hits more than 2-month high above $23.50 after 1-week US data
Spot silver rose to more than a two-month high of over $23.50 in recent trade, according to a weekly NY Fed manufacturing survey.
The move performs against higher US yields and a stronger US dollar, suggesting the…
Weekly Technical and Trading Outlook – EUR/USD
Weekly technical outlook for EUR/USD
Last update at January 17, 2022 00:54 GMT.
Trend daily chart
Sideways
Daily indicators
rising
21 HR EMA
1.1428
55 HR EMA
1.1431
Trend Hourly Chart
Briefly down.
Hourly…
XAG/USD is facing a strong resistance at the confluence of the 50/100 DMA
Silver is the only one up 0.08% in the precious metals segment.
Mixed US macro data is ignored by US Dollar buyers, DXY falls 0.20%.
XAG/USD Technical Outlook: Neutral bearish, per DMAs above spot.
Silver…
Major SMAs defend XAG / USD bulls below $ 23.00
Silver consolidates the early losses of the Asian session, most recently pausing the three-day uptrend.
The looming Bear Cross examines buyers targeting a resistance confluence of $ 23.00.
Weekly support line joins…
Speculators’ first reaction to the stock market and bond market crisis
This COT report highlights futures positions and changes made by hedge funds in commodities, forex and financials up to last Tuesday 4th January. A week that dragged on a defeat in tech stocks US stocks from all-time highs to worries about…
Gold barely moves according to the latest US economic data releases
Traders usually like the first week of trading of the year because it doesn't waste time getting back to business when,, and other key dates are released.
The release of this one added a special flavor of additional volatility…
XAG / USD stabilizes above $ 22.00 as focus shifts to Friday’s US job report
Silver hit Thursday but stabilized just above the $ 22.00 level as the focus shifts to Friday's NFP.
The precious metal has been under selling pressure lately as Wednesday's restrictive Fed protocol tightened Fed…
XAG / USD jumped above USD 23.00 again despite rising US real income, dead cat bounce?
Spot silver jumped back above $ 23.00 on Tuesday despite a sharp spike in real US yields.
Precious metals apparently benefited from a weaker dollar (compared to most of its G10 competitors) after not overwhelming…
XAG / USD broke a bullish pennant, but the rally came at the 100-DMA. to falter
Silver is up about 0.22% on lower US Treasury bond yields.
The US dollar index is up 0.12%, holding at 96.00 but not weighing on XAG / USD.
XAG / USD Price Prediction: The break of a bullish pennant has pushed…
XAG / USD closes at around $ 23.00 despite rising US T-bond yields
The white metal extends its rally for three consecutive days, up 3.33% for the week.
Good news on telling the Covid-19 Omicron variant, increased demand for riskier assets.
XAG / USD Price Prediction: For the short…
Gold prices in the eye of the PCE data, but the XAU / XAG ratio shows that silver …
(MENAFN- DailyFX) gold, silver, XAU / USD, XAG / USD, gold-silver ratio, breakeven rates, PCE - topics of conversation Gold prices win due to a flatter yield curve and rising breakeven rates…
Gold prices are watching PCE data, but the XAU / XAG ratio shows that silver is poised to outperform
Gold, silver, XAU / USD, XAG / USD, gold-silver ratio, breakeven rates, PCE - topics of conversationGold prices win due to a flatter yield curve and rising breakeven ratesThe silver price should do better given the XAU / XAG ratio PCE…
XAG / USD bounces to a three-week high around $ 22.65-70
Silver gained some positive traction, shooting to a nearly three-week high on Tuesday.
Any strength above the 100-period EMA in H4 supports the prospect of additional gains.
Aggressive traders should be careful…
XAG / USD remains subdued around $ 22.50 on falling US T-bond yields
The white metal extends its gains for three days, up 0.22%.
Falling returns and risk aversion add to the precious metal's prospects and weaken the dollar.
Technical outlook for XAG / USD: Slightly upward but needs…
XAG / USD struggles to defend $ 22.00 as the market waits for the Fed
Silver fades bounce off 10-week lows amid cautious sentiment.
The US KPI sparked a rally, but Fed fears and Omicron worries are putting commodity buyers to the test.
Risk catalysts stay in the driver's seat on a…
XAG / USD appears vulnerable to its downtrend continuing
Silver fell closer to a week-old range support on Thursday.
The latest price action on the range indicates a bearish phase of consolidation.
The RSI on the daily chart calls for aggressive bearish traders.
Silver…
XAG / USD slips nearly 1% to $ 22.22
The white metal is falling as the US 10-year bond yield rises nearly six basis points, underpinning the greenback.
The US dollar index, which measures the dollar's performance against six competitors, is up nearly…
XAG / USD bears take a breather at 78.6% Fibo.
Silver is fading, bouncing off the two-month low and staying below the fortnightly resistance line.
Oversold RSI tests sellers, but bulls need to cross 200-SMA to be convinced.
Silver (XAG / USD) remains under…
The downtrend in XAU / EUR limited critical support at € 1,567
XAU / EUR plunges almost 1%, following in the footsteps of XAU / USD and XAG / USD.
Concerns about the vaccine's effectiveness against new COVID-19 strains and comments from Fed Chairman Powell fueled a flight to…
Speculative positioning ahead of Friday’s Omicron dump
energy
Crude oil, both Brent and WTI, were sold ahead of the coordinated announcement of the SPR release last Tuesday. The combined net long fell 14,000 lots to a one-year low of 514,6,000 lots. The loss of price momentum over the past…
XAG / USD crashes nearly 2% amid risk-free market sentiment
XAG / USD falls upon the discovery of a new variant of COVD-19 in South Africa.
The risk-free market sentiment, spurred on by the COVID-19 NU variant, triggered a sell-off in the precious metals segment.
Silver…
XAG / USD is hovering around the $ 23.30- $ 60 range according to US data before the FOMC protocol
XAG / USD remained subdued in the Asian and European session as investors await FOMC minutes.
XAG / USD did not react to previous US economic data.
XAG / USD: The break of a rising support trendline on Tuesday…
XAG / USD plunges to $ 23.30 as US bond yields continue to rise
XAG / USD dips for second consecutive day broke below $ 24.00.
Higher US T-bond yields rise towards 1.646% and strengthen the greenback.
XAG / USD: Failure to reclaim $ 23.53 opens the door for another downtrend…
XAG / USD struggled at $ 25.00 and retreated to the $ 24.50 region on falling US yields
XAG / USD ends the week on the wrong foot despite falling US bond yields.
XAG / USD tumbled during the day as risk averse market sentiment boosted the greenback.
The Fed's Waller and Clarida would like bonds to be…
XAG / USD can’t exceed the 200 DMA, drops below $ 25.00
XAG / USD pulls back from highs of $ 25.15 to $ 24.90 amid falling US bond yields.
Risky market sentiment, weakens the greenback, increases silver's prospects for higher prices.
XAG / USD: Failure to reclaim $…
Consumer Grade? Demand, growth of the drone market (2021-2028)
Overview of the Consumer Grade Drone Industry 2021-2025:
The consumer-grade drone is an unmanned aerial vehicle designed for the mass market. The consumer drones market size is projected to reach more than $ 9 billion in sales and exceed…
XAG / USD appears ready to test the USD 25.55-60 area
Silver made some dip buying on Monday and made up some of its intraday losses.
The technical setup favors bullish traders and supports the prospect of additional profits.
Silver slid down on the first day of the…
XAG / USD detracts from US inflation gains at three-month high below $ 25.00
Silver is pulling back from its multi-month high, recently only weakly offered.
Fears of reflation and Evergrande worries weigh on the mood.
US Bank Holiday could keep recent consolidation on the table.
Silver…
Silver: 2.0 breakout for gold on the way?
Yesterday, we were on the cusp of an outbreak or fakeout.Today we're taking a look at what has also shown some interesting upward moves over the past week as it posted net gains of 5% over six sessions.Most importantly, silver has now…
XAG / USD breaks the 100 DMA at around $ 24.40 on falling real yiels
XAG / USD rises above the 100 DMA for the third day in a row.
Fed Vice President Clarida: The benchmark for higher rates could be reached by the end of 2022.
Fed Vice President Clarida: The Fed is still…
XAG / USD stable at $ 24.00 amid positive US NFP report
XAG / USD rises for second straight day amid positive US economic data.
The US dollar is falling, supported by falling US Treasury bond yields, which are boosting precious metals.
XAG / USD: A daily close above the…
SILVER CONFIRMED SUPPORT LEVEL 23.00 For FOREXCOM: XAGUSD By LegacyFXofficial
silver was traded lower yesterday and today after reaching and confirming support at 23.00. The metal remains above the previous downside resistance line from the June high and now, after yesterday's rebound, we can draw a new…
XAG / USD under pressure ahead of Fed, falls to 23.00
Metals have fallen sharply so far on the Wednesday before the FOMC statement.
US dollar gains momentum, rising slightly on better than expected US data.
XAG / USD extends weekly losses to find support at USD 23.00.…
Silver Technical Analysis – Support, Focus on Chart Patterns
https://www.youtube.com/watch?v=HWLRjpNLpwU
Silver Technical Analysis:Sitting on the trendline support after the breakdown from the resistanceDescending wedge comes into view, will be triggered very soonSilver price…
Acceptance below the $ 24.00 mark favors XAG / USD bears
Silver slid down Friday, extending its recent retreat from monthly swing highs.
Mixed oscillators on hourly / daily charts require caution for aggressive bearish traders.
Silver saw some selling on Friday and fell…
XAG / USD defends $ 24.00 after Thursday’s doji above 10-DMA
Silver is fighting for a clear direction after breaking the two-day decline the previous day.
Bullish candlestick, tighter RSI line encourages buyers to target the weekly resistance level.
The monthly support line…
XAG / USD is showing the monthly support line below USD 24.00
Silver remains offered for the third day in a row, updating the intraday low.
The 12-day-old break in support has joined bearish MACD signals to favor sellers.
The weekly falling trendline increases resistance.…
Silver is under pressure from critical daily dynamic support
Silver is under pressure as investors move into the greenback.
Event risks threaten with critical central bank meetings, which are scheduled this and next week.
US yields are adding pressure as 10 year yields are…
There is strong speculative demand for copper and silver
Saxo Bank publishes weekly Commitment of Traders Reports (CHILDREN'S COT) for leveraged fund positions in commodities, bonds and stock index futures. For IMM currency futures and the VIX, we use the broader metric referred to as…
Silver analysis, next stop $ 26
silver Profit as the risk of a rate hike by the Fed expands. Interest rate hikes will most likely be on the table ahead of the FED as inflation beats Federal Reserve expectations.
Silver has continued its upward trend since September 30,…
XAG / USD drops to $ 24.22 on comments from Fed Powell
Silver falls from $ 24.85 to $ 24.20, according to Powell's speech.
Fed Powell confirms the reduction in QE and the decline in demand for metals.
XAG / USD remains bullish with the focus on the USD 24.85 resistance…
XAG / USD is pushing against the USD 24.00 support area
Silver is pulling back from a high of $ 24.50 and testing support in the $ 24.00 area.
Precious metals are falling as the USD rallies on inflation concerns.
XAG / USD remains positive while it is above $ 23.40.…
XAG / USD bulls hold the upper hand near the USD 24.00 mark, multi-week highs
Silver received some new bids on Wednesday and was nearing multi-week highs.
The setup favors bullish traders and supports the prospect of additional short-term gains.
A sustained break below the $ 23.00 mark is…
XAG / USD breaks a multi-month descending trend line barrier
Silver rebounded to over 1 month highs during Tuesday's early European session.
The momentum appears strong enough to push XAG / USD past the USD 24.00 mark.
Silver received aggressive bids on Tuesday, shooting…
US stocks closed on the right foot this week, their best since July
The Dow Jones Industrial, the S&P 500 and the Nasdaq Composite recorded gains of between 0.7% and 1.6% on Friday.
US retail sales surprised positively, while the University of Michigan's Consumer Sentiment Index…
XAG / USD challenges 200-period SMA / 50% Fibo. Confluence hurdle
Silver pulled in some dip buying on Thursday and turned positive for the second day in a row.
The lineup appears to be tilted in favor of bullish traders and supports the prospect of additional gains.
A sustained…
XAG / USD remains trapped below $ 23
Silver's upside attempts hit a cap of $ 22.80.
The strength of the US dollar is weighing on precious metals.
XAG / USD: sideways movement between $ 22.20 and $ 23.15.
Silver opened the week on a slightly positive…
XAG / USD remains at around $ 22.70 after a dismal Nonfarm Payrolls report
XAG / USD is stable as the 10-year US T-bond yield is stuck at 1.61%.
The US dollar index appears to close above 94.00 for the second straight week.
Silver (XAG / USD) is up during the New York session, rising…
The price of silver could drop to $ 19 in a rush if this happens
If silver ends below $ 22.32 for the week, it could signal the end of the bull market in 2021 and a return to the teenage area. Spot Silver (XAGUSD) rebounded from a 14-month low of $ 22.50 to close in the…
XAG / USD justifies Tuesday’s candlestick near $ 22.50
Silver is licking its wound around the intraday low, down for the second day in a row.
The bearish candlestick pattern is drawing sellers to the two month old horizontal support.
Bulls cannot risk taking entries…
XAG / USD struggles at $ 22.50 on rising US T-bond yields
Market sentiment is bullish, which is triggering a move from safe assets to riskier assets.
Rising US T-bond yields boost the greenback while weakening unprofitable silver.
Positive divergence and a bullish pattern…
XAG / USD remains depressed below 38.2% Fibo / 100-period SMA confluence
Silver slipped down Tuesday and broke off winning streak for three consecutive days.
Mixed technical indicators on hourly / daily charts require caution for aggressive traders.
Silver saw some selling on Tuesday,…
XAG / USD offers target resistance at USD 22.40 which became support
Silver accepts offers to refresh the intraday lows and grabs the three-day uptrend.
10-DMA, a month old declining trendline, limits the immediate downward movement.
The sluggish momentum line is challenging bearish…
DXY, USD / CAD, AUD / USD, SPX, Gold, Oil and Bitcoin
https://www.youtube.com/watch?v=7avIeK23OpU
Weekly USD majors / commodities technical trading boothsUS dollar risks a deeper correction - Bitcoin, gold to try counter-offensivesThe US Dollar Index (DXY) has stretched…
XAG / USD is struggling near the daily high of $ 22.20
Silver cannot benefit from the previous day's upward momentum on Friday.
XAG / USD has remained below the 21-day SMA since September 16.
The prices move in the short-term trading range of $ 22.00 and $ 23.00.…
XAG / USD rebounds above USD 22.00 due to broad US dollar weakness
XAG / USD soars as US bond yields fall two basis points and stand at around 1.52%.
A bullish penetrating pattern on the daily chart suggests that silver is about to rebound.
A positive divergence on a daily chart…
XAG / USD drops below $ 22.00, holds target of $ 20.00
XAG / USD is falling across the board due to the broad US dollar strength.
Higher US bond yields weigh on the XAG / USD.
From a technical perspective, a daily break below $ 21.65 could push XAG / USD towards $…
XAU / USD gives in intraday gains, looks set to slide further
Gold gave up much of its intraday gains and retreated to the lower end of its daily trading range during early North American trading hours. After soaring since late last week, US Treasury bond yields fell slightly…
XAG / USD buyers have a bumpy road under the $ 23.15 barrier
Silver fails to extend the short-term break in resistance, step back from 50-SMA.
The positive momentum line suggests further recovery, but the three week old falling trendline, double tops, are challenging the…
DXY, GBP / USD, USD / CAD, SPX, Gold, Oil and Bitcoin
https://www.youtube.com/watch?v=w8Rs97hfqDY
Weekly USD majors / commodities technical trading boothsUS-Dollar / SPX at Resistance in Weekly Open - Bitcoin, Gold Search SupportThe US Dollar Index (DXY) is trading just…
XAG / USD remains aligned at $ 22.00
Silver is struggling to keep Friday's corrective pullback off the year low.
Bearish trend lines, SMA favor sellers, but oversold RSI conditions show intermediate jumps.
Silver (XAG / USD) remains under pressure…
XAG / USD remains stable above the middle of USD 22.00, bearish bias remains
Silver attracted some purchases on Friday, although there were no follow-up purchases.
The setup favors bearish traders and supports the prospect of additional losses.
A sustained break below the USD 22.50-45 area…
XAG / USD on the way to $ 22.00 on a bearish triangle break
Silver remains under pressure towards the yearly lows despite the recent corrective pullback.
Confirmation of a bearish pattern is combined with a stable RSI to favor sellers.
13-day-old resistance line, 100-SMA…
XAG / USD slips below $ 23.00 on a restrictive Fed
XAG / USD collapsed late during the US session as the greenback rallied on a restrictive Fed.
A surprisingly restrictive Fed chairman Jerome Powell weighed on the silver drop.
The Relative Strength Index and the…
Silver price forecast: September Fed meeting produces Shooting Star
Outlook on the silver price:The strongest hint from the FOMC so far that a taper announcement will be made soon is causing silver prices to falter.The Fed's increasing chances of interest rate hikes and firmer interim yields on US…
All eyes on the Fed for the next market move [Video]
Markets covered in the weekly forex forecast: DXY, EurUsd, NzdUsd, UsdChf, UsdCad, GbpUsd, AudUsd, WTI, CadJpy, NzdCad, NzdChf, EurChf, ChfJcoinpy, SPX, RUT, NDX, Nifty, DJIA / Bita…
XAG / USD bounces off its three-day loss target of $ 23.00
XAG / USD hit a new low for the year at USD 22.03.
The daily chart is showing a downtrend, but a double bottom pattern limits further losses.
Unless it breaks above $ 22.50-60 on the 1 hour chart, silver will…
XAG / USD tests 23.6% Fibo. Level, about $ 22.65-70 range
Silver built on its good rebound from $ 22.00 or the YTD low hit on Monday.
Mixed oscillators on hourly / daily charts require some caution before new bullish bets are placed.
Silver gained somewhat positive…
USD majors, gold, oil, SPX and Bitcoin ahead of FOMC
https://www.youtube.com/watch?v=UUTVg4HZqEw
Weekly USD majors / commodities technical trading boothsThe US dollar rally is expanding into major resistance ahead of the FOMC as gold and silver probe support - Bitcoin, SPX…
Silver breaks below 22.86 confirming an impending low
traded lower Thursday and Friday, breaking below the 22.86 support zone (now converted to resistance), signaling an impending lower low on the daily chart. Additionally, the white metal has been trading below short-term…
XAG / USD is at a critical support point around $ 23.00
Silver bears are taking a breather after their sharpest daily decline in three months.
Key support lines from early 2021 to late 2020 call further downward movements into question.
50-DMA protects recovery…
XAG / USD bulls are targeting a breakout of $ 24.00 for new entries
Silver moves higher after crossing the short-term resistance line, now support.
Bullish MACD, trendline breakout favor buyers but 100, 200 SMA confluence provides a strong hurdle to the north.
The three week old…
XAG / USD struggles at $ 24.00, watch out for $ 23.50
Silver is constantly hovering around $ 23.75 waiting for a catalyst.
Market sentiment mixed, but slightly subdued, triggered by the slowdown in the Chinese economy.
XAG / USD daily and hourly charts support a…
The short term bias remains in favor of the XAG / USD bears
Silver rallied some buying near the $ 23.45 region in response to the weaker US CPI report.
The lack of repeat purchases requires caution before positioning yourself for further profits.
The setup favors bearish…
Bear cross on 4H leaves XAG / USD sellers below $ 24.00 hopefully
Silver is fading from the monthly low, has been left out lately.
Bear's Cross, failure to maintain rebound from key Fibonacci retracement levels, favored sellers.
A weekly falling trend line complements the upward…
XAG / USD is making modest gains, flat above $ 24.00
Silver experienced a modest intraday pullback from the static resistance of $ 24.30.
The setup favors bearish trades and supports the prospect of further losses.
A sustained break below the USD 23.80 support will…