At 12:56 GMT, XAG/USD is trading $30.37, down $0.16 or -0.54%. Treasury yields and the strength of the dollar are…
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50 days MA resistance The area to watch for potential resistance is around the 50-day MA, as a daily close…
Economic data and policies are driving market sentiment The US dollar has recovered from multi-month lows, buoyed by expectations of…
Aggressive selling seen in bearish reversal candle On Monday, a long red bearish engulfing pattern was completed that reflects aggressive…
Price Rejected at 20-Day MA – Bearish The 20-day MA line recently indicated dynamic support for the uptrend, and was…
Daily US Dollar Index (DXY) The US dollar index fell 0.4%, lending support to gold by making it more attractive…
Declines below key levels are bearish Although last week's rally was sustained and saw gold prices regain an ascending trend…
Successful test of 20-day MA resistance is bearish While silver is encountering resistance just below both the 20-day and 50-day…
How does market sentiment affect silver? Profit-taking after last week's strong rally is weighing on silver, which posted its best…
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