Silver Price Forecast: Xag/usd Rally Pauses Below 50-day SMA after Intraday Surge

Silver (XAG/USD) gains traction on Wednesday as renewed optimism surrounding a potential US-Iran peace deal triggers a sharp decline in the US Dollar (USD) and Oil prices. At the time of writing, XAG/USD is trading around 77, up over 5.50% on the day

Silver (XAG/USD) gains traction on Wednesday as renewed optimism surrounding a potential US-Iran peace deal triggers a sharp decline in the US Dollar (USD) and Oil prices.

At the time of writing, XAG/USD is trading around 77, up over 5.50% on the day

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