Silver prices (XAG/USD) experienced a pullback following recent gains, currently stabilizing around the $33.00 per troy ounce mark during Friday’s Asian session. A balanced market sentiment has emerged as technical analysis indicates the price consolidating within a defined rectangular pattern. Traders are monitoring the market for signs of trend direction as external factors, including global economic data and geopolitical developments, influence precious metal prices. This consolidation phase provides potential opportunities for traders looking to capitalize on movements within the silver market.