Silver Price Forecast: XAG/USD flirts with weekly low, just above $33.00 mark
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Silver (XAG/USD) is experiencing a third consecutive day of selling pressure, trading just above $33.00. Technical analysis indicates potential for deeper losses, with key Fibonacci retracement levels suggesting support zones around $32.90-$32.50. Market sentiment remains cautious with oscillators still in positive territory.
March 21, 2025 | 6:00 am
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Silver prices are experiencing technical selling pressure, with potential for further decline towards lower Fibonacci retracement levels.
Technical analysis suggests bearish momentum with price trading below key Fibonacci levels. Potential for continued downward movement if support levels are breached.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100