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Silver (XAG) Forecast: Cautious Outlook as White House Trade News Fuels Uncertainty
Silver finished last week with modest gains, buoyed by stronger gold prices and growing anticipation of supportive monetary policy. Yet, despite holding above long-term moving average support, the metal continues to lag gold and shows limited investment appeal. Traders are looking to key macro events this week—including inflation data, retail sales, and Fed Chair Jerome Powell’s speech—for the next directional cue. Last week, XAG/USD settled at $32.73, up $0.72 or +2.23%. Technically, the market is supported by the 52-week moving average at $30.91. This indicator is controlling the long-term direction of the ... (full story)
