Silver (XAG/USD) has stalled its gigantic rally higher as a more hawkish Fed pricing and lower economic projections have effectively brought a top to the precious industrial metal. After forming a clear double top at its all-time highs of $54.50, Silver retraced lower to just graze below the psychological $50 mark. Still, the metal’s resilience […]
The post Silver (XAG/USD) Price Outlook: Failed Breakout and Double-Top hints at Rangebound action appeared first on Action Forex.
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