Silver (XAG/USD) Poised for a Breakout Bulls Eyeing $35 Target

Key levels to watch for silver:

  • Support: $32.50, which has been a crucial level of consolidation.
  • Resistance: $35, which seems to be the next major target for bulls.
  • Moving Averages: The 50-day and 200-day SMAs, which are rising, should provide additional support if the price pulls back.

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Ana

Cross-Asset Analyst & Trainer

Varun Sharma

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VJ Yadav

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