Silver (XAG/USD) $40,898: The rally has subsided and prices are consolidating; the bias remains sideways to bullish, supported by expectations of a Fed rate cut and industrial demand.
Key levels: resistance $41.50–$42.00 (break → $43–$44); support $40.50 then $39.80 (break → deeper correction).
Silver prices at the time of writing were up -0.30% to $40.875/Toz.
DISCLAIMER
Note: This article is for analytical purposes only and is not a definitive reference. Please consider fundamental and technical developments in trading before making any investment decisions.
Source: Newsmaker.id
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