Silver stabilized after finding temporary footsteps at important Fibo support at $47.60 (38.2% retracement of $36.20/$54.64 rally). Fresh bears take a breather after massive loss on Tuesday, when the metal’s price fell 7%, in the biggest daily drop since 11 Aug 2020. Pullback from new record high ($54.64) started on Friday and accelerated on Tuesday, […]
The post Silver: Sharp Pullback May Extend as Near-Term Sentiment Negative appeared first on Action Forex.