Silver Struggles at $30.40 Area Amid Selling Pressure
Silver (XAG/USD) struggles to gain traction today. After showing modest recovery attempts, it remains near the $30.40 mark. Currently trading just below mid-$30.00s, the white metal has dropped nearly 0.30% for the day. Ongoing pressure from sellers suggests that silver could see further downside if key support levels fail to hold. Traders should watch for any shifts in market dynamics which may provide opportunities for entry or exit points. Staying attuned to global economic indicators will remain crucial for insights into silver price direction.
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