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Silver (XAG) Forecast: Dollar Dump Sends Silver Surging Despite Higher Yields
FX Empire· 2026-09-10 03:02
A sustained move under $67.25 will signal the presence of sellers. If this move gains traction, a new lower top could form and the market could test $63.31 to $62.56.The 50-day moving average is providing support at $62.46. The 200-day moving average is resistance at $72.93.What to WatchThe dollar trade is running the silver market right now. As long as the yen stays strong and the dollar index keeps leaking, silver has a bid regardless of what yields do in the short run. Bessent is buying bonds and managin ...