Silver Retreats Below $64.50 After Rejection at Seven-Week High
XAG/USD trades lower on Tuesday, pulling back from the $66.60 resistance area.
XAGUSD
Silver prices declined on Tuesday as XAG/USD fell back below $64.50.
The move follows a rejection near $66.60, which marked a seven-week high for the metal. Sellers stepped in at that resistance zone, pushing the pair lower during the session.
The correction underscores the failure to sustain momentum above the recent range, with the market now testing support below the $64.50 level.
Source: FXStreet Forex News