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Home›Forex›Major Pairs›Silver Price Forecast: Oversold rebound faces $52.50 r…

Silver Price Forecast: Oversold rebound faces $52.50 resistance

Reported · Written up by our desk · Major Pairs

Silver price bounces off around $49.00, gaining nearly 3% on Monday due to US Dollar weakness and falling US yields, as energy prices tumbled amid speculation of a resolution to the US-Iran conflict. Price action in the white metal hasn’t changed abruptly.

Latest closeSilver $49.13 ▼5.9%

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Sources

FXStreetSilver Price Forecast: Oversold rebound faces $52.50 resistance

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