Silver Price Forecast: XAG/USD flat lines below mid-$36.00s; bullish potential seems intact

  • Silver (XAG/USD) struggled to capitalize on the previous day's recovery from the $35.45 area, or the weekly low and witnessed a good two-way price move through the first half of the European session. The white metal now seems to have stabilized in neutral territory, around the $36.30-$36.35 area, and remains within striking distance of its highest level since February 2012 touched on Monday.