Silver (XAGUSD) Elliott Wave Perspective: Higher Extension to Finalize Impulse - ActionForex

XAG/USD Analysis: Silver Surges on Jobs Data, Yields Threaten to End It

Silver has had one of its strongest months in years, but this week's price action shows just how fragile precious metals rallies can be when bond markets get nervous. The metal surged nearly 10% last week after July's Non-Farm Payrolls badly missed expectations, printing a loss of 23,000 jobs, prompting markets to price out any chance of a September Fed hike and reviving safe-haven demand.That momentum reversed on Tuesday, however, with silver d…

Silver (XAGUSD) Elliott Wave Perspective: Higher Extension to Finalize Impulse - ActionForex

The short‑term Elliott Wave view in Silver (XAGUSD) indicates that the metal is unfolding an impulsive structure from the July 17 low. From that level, wave ((i)) advanced to $60.93 before a corrective pullback in wave ((ii)) reached $56.54. Following this retracement, the market resumed higher in wave ((iii)), which developed as another impulse of […] The post Silver (XAGUSD) Elliott Wave Perspective: Higher Extension to Finalize Impulse appear…

Silver Price Forecast: XAG/USD Slides Toward $63 As Energy Supply Risks Persist

BitcoinWorld Silver Price Forecast: XAG/USD Slides Toward $63 as Energy Supply Risks Persist Silver prices extended their decline toward $63 per ounce on [date], as persistent energy supply risks continued to weigh on the precious metals market. The XAG/USD pair slipped for a second consecutive session, reflecting investor caution over global energy security and its potential impact on industrial demand. Why Silver Is Under Pressure Energy supp…

Silver Price Forecast: XAG/USD Consolidates As Bullish Momentum Fades

Silver Price Forecast: XAG/USD Consolidates As Bullish Momentum Fades Skip to content Home Forex News Silver Price Forecast: XAG/USD Consolidates as Bullish Momentum Fades Source link The post Silver Price Forecast: XAG/USD Consolidates As Bullish Momentum Fades appeared first on BIPNs.