Silver Price Forecast: XAG/USD hesitates below $37.00 with downside attempts finding buyers

  • Silver (XAG/USD) keeps trading within the last four weeks $2 range, but recent price action shows an ascending trend from late June lows, although the resistance area at $37,00 remains holding bulls and closing the path towards the $37.25 long-term high. Market' concerns about trade uncertainty keep buoying the precious metal but the firm US Dollar and the higher US Treasury yields are keeping Silver's upside attempts limited so far.