XAG/USD remains pressured near $67.50, multi-week low

Silver Price Forecast: XAG/USD Plummets To Multi-Week Lows; Critical Support At $67.50 Breached

BitcoinWorld Silver Price Forecast: XAG/USD Plummets to Multi-Week Lows; Critical Support at $67.50 Breached Global precious metals markets witnessed significant pressure this week as silver prices extended their decline, with the XAG/USD pair hovering perilously close to multi-week lows and breaching the critical $67.50 support level that traders had monitored closely. The technical breakdown represents the most substantial weekly decline in si…

XAG/USD remains pressured near $67.50, multi-week low

The post XAG/USD remains pressured near $67.50, multi-week low appeared on BitcoinEthereumNews.com. Silver (XAG/USD) falters after a modest Asian session bounce to the $69.60 area and trades with a negative bias for the fifth straight day on Monday. The white metal is currently placed just below mid-$67.00s, down 0.80% for the day, and seems vulnerable near a six-week low, touched last Thursday. From a technical perspective, last week’s breakdow…