Silver prices are looking into the abyss below weelky support
From fxstreet.com
At the time of writing, silver is down another 1.09% on the day, albeit after recovering from the lows of the day so far. XAG/USD has travelled between a high of $25.27 and a low of $24.81 pressured once again by a resilient US dollar despite the better risk tone on Tuesday. The US dollar climbed to a three-month peak on Tuesday in a flight-to-safety bid, as investors remained anxious about a fast-spreading coronavirus variant that could throttle global growth. However, the US stock market has bounced back to life, snapping a multi-day losing streak. The benchmarks have been helped along due to a string of upbeat ...
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