Silver Price Forecast: XAG/USD trades cautiously below $80 ahead of Warsh’s confirmation hearing

Silver Price Forecast: XAG/USD trades cautiously below $80 ahead of Warsh’s confirmation hearing

The post Silver Price Forecast: XAG/USD trades cautiously below $80 ahead of Warsh’s confirmation hearing appeared on BitcoinEthereumNews.com. Silver price (XAG/USD) trades almost 1% lower at around $79.00 during the European trading session on Tuesday. The white metal faces selling pressure ahead of the confirmation hearing of United States (US) President Donald Trump’s nominee, Kevin Warsh, for the Federal Reserve’s (Fed) next chairman. Invest…

Silver Price Forecast: XAG/USD Strengthens as Bullish Breakout Structure Rallies to $80

All the recent charts of X, Investing.com, and TradingView are pointing to silver having broken higher, regained major support, and continues to trade in a bullish tone, although the momentum is beginning to slow towards the end of the move. Silver is soaring again, with XAG/USD trading towards the level of $79 as buyers continue to dominate the short-term trend. The present rally appears to be more than just a bounce. Price has been establishi…