Silver Steady Near One-Month Highs, Capped Below $62
Silver meets resistance at $61.90, pulling back to $61.24, but holds above the four-week range top of $60.90.
XAGUSD
Silver (XAG/USD) encountered resistance near the $61.90 level on Wednesday, subsequently pulling back to around $61.24. Despite the dip, prices remain above the $60.90 mark, which represents the top of the trading range seen over the past four weeks.
The metal continues to hover near one-month highs, suggesting underlying demand but facing a clear cap below the $62.00 handle.
Source: FXStreet Forex News