Strong U.S. Dollar Continues To Put Pressure On SilverSilver failed to continue yesterday’s rebound as the U.S. dollar gained ground against a broad basket of currencies and put pressure on precious metals.The U.S. Dollar Index is currently trying to get to the test of the major resistance level at
Silver Bull MarketAfter lagging gold for some time, silver finally broke above the long-term trendline and confirmed a new bull market. The global health crisis triggered unprecedented stimulus and debt expansion. Silver is ultra-sensitive to inflation and has responded according
Silver bounced off key support on the hourly chart after the slump.
Hourly RSI rebounds from the oversold region, points north.
21-HMA to challenge XAG/USD’s pullback from monthly lows.
Silver (XAG/USD) paused its six-day losing streak, having hit fresh nine-week lows of $21.70 in early trades.
Silver’s Sell-Off ContinuesSilver is currently trying to settle below $23.50 as the U.S. dollar continues to gain ground against a broad basket of currencies while gold/silver ratio attempts to get above the 80 level.The U.S. Dollar Index has settled above the 94 level and is trying to move above th
Perak mempertahankan pergerakan pullback dari $26,50 sambil berjuang melawan EMA 10 hari.Segitiga bulanan membatasi pergerakan jangka pendek di tengah kondisi RSI yang normal.Harga perak naik ke $26.91, tinggi intraday di $26.96, selama sesi Asia hari Senin. Logam putih turun dari $26,84 ke $26