XAG/USD hovers around $33.00 amid weak US Dollar

XAG/USD hovers around $33.00 amid weak US Dollar

The post XAG/USD hovers around $33.00 amid weak US Dollar appeared on BitcoinEthereumNews.com. Silver holds near $33.00, supported by soft Dollar and improved risk appetite. RSI flattens despite bullish tone, suggesting near-term indecision and possible consolidation. Break above $33.25 targets $33.68 and $34.00; drop below $32.75 may expose $31.89 and $31.28. Silver price edged up 0.95% on Tuesday as the Greenback finished the session below the…

SILVER PRICE ANALYSIS: XAG/USD maintains around $ 33,00 amid the weakness of the US dollar - World Stock Market

La Plata remains about $ 33,00, supported by a weak dollar and an improved risk appetite. The RSI is flattened despite the bullish tone, suggesting indecision in the short term and possible consolidation. A rupture above $ 33.25 points to $ 33.68 and $ 34,00; A fall below $ 32.75 could expose $ 31.89 and $ 31.28. The price of silver rose 0.95% on Tuesday, since the US dollar ended the session below the 101.00 figure, according to the US dollar i…

Look At What Is Happening With Silver And The US Dollar

Here is a look at what is happening with silver and the US dollar. The post Look At What Is Happening With Silver And The US Dollar appeared first on King World News.

Silver Price Forecast: XAG/USD Extended Its Gains, will the rally last?

Silver price permits a bullish outlook today on Tuesday, 13th May, and it extended its gains to be trading at the time of writing, almost $33.00 per troy ounce. According to the technical outlook of this precious metal, XAGUSD, it continues to trade within an ascending channel pattern. Technically, the silver price is trading now above a strong support level of $31.93, which may push the price to reach the resistance level at $33.53. Any break a…