XAG/USD rallies past 200 and 50-day SMAs
Silver climbs, breaching 200-day SMA at $29.98, enhancing buying momentum. Major resistance at $31.00; break could aim for December 12 high of $32.32. Pullback below 50-day SMA might prompt retest of 200-day SMA, down to $28.74. Silver’s price stages a comeback, rising above the 50-day Simple Moving Average (SMA) at $30.32 and eyeing a break … Read more