The price of silver (XAG/USD) has remained stable but subdued for three consecutive days, trading around $32.40 during Monday’s European hours. Recent technical analysis of the daily charts signals a weakening bullish sentiment, particularly after the precious metal slipped below the critical support level of the ascending channel pattern.

Traders should closely monitor the market trends for silver as the current bearish momentum may pave the way for further declines. As the market digests various economic indicators, the next trading sessions could be pivotal for XAG/USD. Investors should analyze upcoming data that may affect silver prices to determine potential entry and exit points.