Silver Price Forecast: XAG/USD trades with negative bias near $30.60; bullish potential intact
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Silver (XAG/USD) is experiencing a minor pullback in the Asian trading session, currently trading around $33.60-$33.65. Despite the short-term decline, technical indicators suggest a bullish outlook with potential upside towards $34.20-$34.85. Traders are watching key support and resistance levels for potential trading opportunities.
March 26, 2025 | 5:30 am
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Technical analysis indicates silver may experience short-term volatility but maintains bullish momentum. Key levels to watch: support around $32.65-$31.80, resistance at $33.80-$34.25.
Technical indicators suggest a positive outlook for silver, with potential for price appreciation if key resistance levels are breached. Short-term pullback seen as potential buying opportunity.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100