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Commodities

Silver Forecast: Counter-Trend Buyers Eye $60.835 Level

Silver buyers target a rally extension above the $60.835 threshold amid current counter-trend market activity.

Silver Forecast: Counter-Trend Buyers Eye $60.835 Level
Image: BullishMarketCap

Silver ($XAG) is facing technical attention as counter-trend buyers attempt to extend a rally above the $60.835 mark, according to FXEmpire.

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Market participants are monitoring whether buying pressure can sustain momentum past the critical resistance level identified in the forecast.

Key facts

  • Asset: Silver ($XAG)
  • Focus: Counter-trend buyers attempting to extend rally
  • Key level: $60.835 resistance threshold
  • Reporting outlet: FXEmpire
$SILVER#Silver#XAG#Commodities

Source: news.google.com

This article is for information only and is not investment advice. BullishMarketCap news is produced with AI assistance from public sources and reviewed by our editors; see our editorial policy. Spotted an error? Tell us.

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