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Silver edged lower on Thursday and was last seen hovering near the $28.80-85 confluence zone. The technical set-up favours bearish traders and supports prospects for further depreciating move. Silver struggled to maximize the previous day’s goodish bounce…
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Silver scaled higher for the third consecutive session on Friday and jumped to over one-week tops. Bulls now await a sustained move beyond the $28.30 region before positioning for any longer gains. Silver built on…
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Silver edged lower on Thursday and erased a serious a part of the previous day’s gains to weekly tops. The formation of a rectangle on short-term charts points to indecision over the near-term direction. Mixed…
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Silver price is feeling the pull of the gravity, as firmer US dollar and Treasury yields dent its appeal. Further, China’s commitment to strengthen curbs on the commodities, so as to stem the worth rise,…
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Silver (XAG/USD) has reached Fibonacci retracement at $28.73. this is often seen because the last defence for the $30.09 2021 high, Karen Jones, Team Head FICC Technical Analysis Research at Commerzbank, reports. Uptrend at 27.27 offers immediate support “Silver…
