The White Metal Prices Soar Despite Higher USD and Yields

Silver looks set for a short-term bout of strength as it approaches yet another all-time high. The white metal has been consistently making progress, reaching unprecedented territory today despite the rising USD index and US Treasury yields.

From a technical perspective, trading range for today will hover between 25.38 to 25.35, and will find support at 25.15, followed by the next one at 24.95. Uptrend might push towards 26 region, and will meet the next resistance at around 26.55.

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SmartFX is an international online Forex and CFDs trading firm offering 24 hours access to a diverse range of trading products including currency pairs.

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SmartFX

SmartFX

SmartFX is an international online Forex and CFDs trading firm offering 24 hours access to a diverse range of trading products including currency pairs.

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