-
Silver Price Daily Outlook: Will Rising Support Spark a Silver Breakout Past $77?
The two-hour chart shows that the metal is currently experiencing a squeeze along several trendlines at the top of its current trading pattern. Silver is currently trading under a red bearish trendline originating from its most recent $82.00 price peak, which is limiting upside momentum. On the other hand, there have been a series of higher lows being established by price, which are supported by a blue bullish trendline running through the $75.39 to $76.35 price range. Recent candlesticks feature long lower wicks suggesting that buyers are stepping in at the $75.94 to $76.35 zone. RSI has reached a neutral level at ... (full story)
- Comments / Top
- Subscribe
-
Related Stories
From dailyforex.com | Jun 2, 2026
Silver continues to be held hostage by the latest moves in the bond markets, as rates remain a major factor in pricing, and more specifically, risk appetite. Silver continues to be noisy during the trading session on Monday as we are watching interest rate markets very closely and quite frankly, the interest rate market will be watching the headlines coming ...
From brecorder.com | Jun 2, 2026
India has tightened restrictions on silver imports by adding grain and powder forms to the list of restricted categories and mandating prior valid import authorisation, as the worlds biggest consumer of the metal tries to rein in shipments and ease pressure on the rupee. Imports of silver in the form of grains, powder, other forms and where content is ...
Mehr News, citing a source, reports that Iran is still reviewing the final text in Tehran and has not yet submitted a response to the U.S.
Iran reportedly still discussing final text of agreement, no response sent to US yet The report cites a source familiar with the situation, in saying that Iran's final text of the deal is still being discussed in Tehran at this juncture. Adding that there is no response yet that is sent to the US on that. There has been so much back and forth on the text/terms of the deal that it is easy to lose track of what is happening. However, the bottom line is that there is still some differences that require sorting out. And that has been the case for well over two weeks already. A reminder on what needs to be agreed between the two sides so that the deal can be signed off: And even then, all this does is to allow for nuclear discussions to take place next. In that lieu, the US is also demanding that Iran provide some baseline promises on nuclear/uranium. The language of it all will be tricky but I wouldn't expect Iran to abide to any "promises" no matter what.