Silver Price Forecast: Technical Set-up Favors Bearish Traders

Silver Price Forecast: Technical Set-up Favors Bearish Traders

Silver Price Forecast: The technical set-up seems tilted firmly in favour of bearish traders and supports prospects for an extension of the ongoing depreciating move for the silver (White Metal). Hence, a subsequent slide below the $21.00 mark, towards challenging the YTD low around the $20.45 area touched on May 13, now looks like a distinct possibility.

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Live Gold Silver Analysis For Today By Neal Bhai [03-12-2021]

Gold lifetime high - Gold lifetime Low

Gold struggles to capitalize on weak NFP data, holds near $1,770

Live Gold Silver Analysis: Gold spiked to a daily high near $1,780 with the initial market reaction to the disappointing Nonfarm Payrolls data from the US but seems to be having a difficult time preserving its bullish momentum with the 10-year US T-bond yield staying resilient.

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