Description
Silver (XAG/USD) is rebounding toward $55 after a volatile start to the week, but rising U.S. real yields and mixed industrial demand signals threaten the recovery. Despite Wednesday's bullish price action, the broader technical outlook remains cautious.
This silver price forecast examines why a break above $55 is needed to strengthen the bullish case and why early signs of rally exhaustion could attract sellers. With U.S. productivity figures and Friday's jobs report approaching, can silver sustain its rebound?
For the full article:
https://www.fxempire.com/forecasts/article/silver-silver-rebounds-toward-55-but-rising-real-yields-keep-me-cautious-1642525/
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