-
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)
- Comments / Top
- Subscribe
-
Related Stories
From thetradable.com | Aug 10, 2025
Silver's been quietly stealing the spotlight lately, sitting pretty at $38.35 and showing some serious attitude compared to gold. We're watching one of those make-or-break moments that traders live for – the kind where a few cents either way could spark the next big move. With the white metal knocking on the door at $38.50 resistance, everyone's asking the ...
Gold markets have been bullish again during the course of the week as we broke above the $3500 level. The $3500 level has been like a ceiling in this market for some time and breaking above there obviously will attract a lot of headlines. However, it is probably worth noting that the Friday session is rolling back over so I don’t know that we have the ...
China’s consumer prices were unchanged in July, reflecting the continued pressures of weak domestic demand and trade uncertainty. The National Bureau of Statistics (NBS) reported that the Consumer Price Index (CPI) remained at 0.0 per cent year-on-year, following a slight 0.1 per cent rise in June. This performance exceeded the 0.1 per cent decline expected ...
