Silver Price (XAU/USD) remains depressed near $23.55, fading the previous day’s corrective bounce off $23.25, amid early Tuesday. In doing so, the bright metal registers a failure to cross the 21-day and 50-day Exponential Moving Averages (EMAs). However, the quote’s previous rebound from an upward-sloping support line from early March, as well as the 200-EMA, keeps the XAG/USD bears off the table. That said, the bullish MACD signals and upbeat RSI (14) also suggest further grinding of the Silver Price towards the north. With this, the Silver traders can expect a short-term downside towards the aforementioned ... (full story)