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Silver (XAGUSD) Price Forecast: Holds Support as Bullish Wedge Pattern Develops
Silver Silver $36.12 +0.99% Start Trading continued to consolidate near recent highs on Monday, but it did manage to successfully test support at the near-term uptrend line. The low for the day was $35.42, right at dynamic support of an uptrend line rising from the April swing low. That was a four-day low and it followed a break below the 20-Day MA (purple), now at $36.12. Subsequently, buyers took back control and drove the price back up to near the highs of the day. The high of the day was $36.23 at the time of this writing and it looks likely that silver will end today’s session in a similar relatively bullish ... (full story)
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- Jun 30, 2025 6:15pm Posted byTechnical Analysis191
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