Category: Precious Metals Market Analysis
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Silver Price Forecast: Stuck Below $32.50, Sorted by the 50-day EMA – FXStreet
In the precious metals market, silver remains a focal point, with the XAG/USD still languishing below the $32.50 marker. Although the commodity has seen a barrage of fluctuations recently, the resilience of the 50-day Exponential Moving Average (EMA) can’t be overlooked. This key technical indicator continues to provide significant support to the silver price, thereby…