Spot Silver Price Forecast: XAG/USD reverses its early lost ground and moves back to the $19.80 area during the first half of the European session on Tuesday. The white metal is currently placed just below a nearly four-week high touched the previous day and seems poised to prolong its recent recovery from the $17.55 area, or over a two-year low.
Silver Forecast for Today
Silver Forecast for Today: Daily Close Above $20.20 Needed For Silver to Move Up
Silver Forecast for Today: Silver price (White Metal) fades corrective pullback from the monthly low marked the previous day as it renews its daily bottom around $18.92 during Tuesday’s Asian session. In doing so, the bright metal justifies the downbeat oscillators while extending the six-day downtrend below a one-week-old descending resistance line.