Silver Price Forecast: Stability Around $30.50 Amid Market Consolidation
Silver price (XAG/USD) hovers around $30.50 per troy ounce as it remains subdued, marking the fifth consecutive day of limited movement. The daily analysis indicates ongoing market consolidation, with price movements confined within a horizontal channel. Such patterns indicate a period of indecisiveness among traders, maintaining a close watch on upcoming economic indicators that could drive shifts in market dynamics.
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