Follow our market forecast for forex and gold and find expert predictions, analysis and currency forecast tools to help you trade more consistently. Follow our weekly forecast for forex and gold and find expert predictions, analysis and currency forecast tools to help you trade more consistently.
The price of silver remains under pressure for a second consecutive day, reaching an intraday low recently. An eight-day-old bullish channel and 100-HMA pose a challenge to XAG/USD skeptics despite a stable RSI. The 200-day simple moving average adds to the downside constraints; the key is two-week-old horizontal support.