Silver Shows Strength at $35.50 Key Support Level Amid Market Dynamics
Silver (XAG/USD) bounces back from a significant support level at $35.50 on Tuesday, following a three-day reversal from previous highs of $37.35. Amid the ongoing influence of U.S. dollar weakness and shifting market sentiment, traders are watching this crucial support closely. Although the rise in silver price is evident, weak demand for safe havens is holding back further upward movements. The interplay of demand dynamics and market sentiment will be vital for investors in navigating silver’s performance. Could a resurgence be on the horizon as conditions shift?