Silver price advances by nearly 1% on Wednesday, as the US Dollar depreciates due to month-end flows, along with expectations of falling US Treasury yields. At the time of writing, XAG/USD trades at $36.25, after bouncing off daily lows of $35.68. Even though Silver dipped to a new two-week low of $35.29 last Friday, the grey metal found bids, which pushed the spot price above $36.00 and formed a ‘morning star’ three-candle chart bullish pattern. Despite this, the Relative Strength Index (RSI) remained flat in bullish territory, suggesting that the pair is neutral to upwardly biased. If XAG/USD clears key resistance ... (full story)