A Falling Dollar Handed Silver a 33% Rally, but One Level Now Decides Everything
Silver (XAG/USD) value is up 7.2% over the previous week, erasing almost all of its month-to-month losses. The metallic now trades close to $79.50 after rallying 33% from its March 23 low. The restoration aligns with a falling US Dollar Index (DXY) and bettering ceasefire sentiment. However, silver stays trapped inside a bearish channel that…
