Silver prices (XAG/USD) have been hovering close to the $33.00 mark, approaching four-month highs. After gaining traction in the previous session, current trading positions around $32.80 indicate mixed sentiment among traders.

Today’s technical analysis shows a weakening bullish bias, as price action remains below the key ascending channel pattern. Traders need to watch for any shifts that could affect silver’s performance moving forward.

Keeping an eye on market trends and technical indicators will help investors make the best decisions regarding silver investments.