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Silver Price News: XAG Rally Shows First Signs of Weakness at $38.32
Silver has been on a tear this week, climbing steadily after finding solid support at the 50-day moving average. The precious metal currently sits at $38.326, up 0.13% on the day, but traders are starting to question whether this momentum can continue much longer. The rally kicked off after silver formed a textbook inside range candle right at the 50-day EMA - a classic sign that buyers weren't ready to let prices fall any further. This technical setup gave traders the green light they'd been waiting for, and the market hasn't looked back since. Monday's opening confirmed what many suspected: the bulls were back in ... (full story)
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- Aug 10, 2025 3:25am Posted byTechnical Analysis230
