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Back Technical analysis
XAG/USD: Analysis and Forecast
Today, silver has attracted buyers for
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Today, silver has attracted buyers for the second consecutive day, maintaining its gains above the key $31.00 level, near a two-month high.From a technical perspective, the recent breakout above the 100-day Simple Moving Average (SMA) has been interpreted as a new bullish trigger. Additionally, buying activity during yesterday's decline, paired with positive oscillators on the daily chart, suggests that the path of least resistance for XAG/USD is upward.The positive outlook is further supported by the fact that silver has held
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