Silver Price Analysis: XAG/USD rally stalls near $23 as focus shifts to US core PCE data
Silver price (XAG/USD) struggles to extend upside above the crucial resistance of $23.00.
Source: fxstreet.com
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Silver price (XAG/USD) struggles to extend upside above the crucial resistance of $23.00.
Silver trades with a positive bias for the third successive day on Thursday.
Silver (XAG/USD) attracts some buyers on Tuesday and for now, seems to have snapped a two-day losing streak to sub-$22.00 levels, or its lowest level since November 13 touched the previous day.
Silver price (XAG/USD) nosedived to near $22.00 on Monday, more than 2.5% down from its previous close.
In Monday's session, the XAG/USD pair is trading at $22.14, showcasing 2% decline, following to multi-month lows.