Silver Market Faces Pressure Despite Bullish Outlook: XAG/USD
Despite the current rally in Gold, Silver continues to slip as the dollar strengthens. Traders are focusing on key support levels as they navigate this market environment. The XAG/USD pair presents potential breakout targets at $36.89, while a pullback could see support at $34.87. Silver’s market dynamics require careful attention as external pressures weigh heavily on its price. Investors should remain vigilant. Understanding these levels could be key to successful trading decisions in the Silver market.