XAG slides below 200-day SMA, bears target $61

XAG slides below 200-day SMA, bears target

Silver (XAG/USD) price tumbles for the third consecutive trading day, down over 3.32% on Friday, courtesy of broad US Dollar (USD) strength and rising US Treasury yields, which have aimed higher since Wednesday amid the Fed‘s hawkish tilt. XAG/USD Price Forecast: Technical Outlook Silver price continued to trend lower after clearing the 200-day Simple Moving […]