Silver edges lower below $70 as bearish bias persists

Silver (XAG/USD) dipped below $70.00 during early European trading on Tuesday, changing hands around $69.85. The white metal retreated from a weekly high as some traders booked profits ahead of the US Federal Reserve's upcoming interest rate decision.

The bearish bias remains intact, with prices struggling under the 100-day simple moving average (SMA). The move lower suggests cautious positioning in the market as traders await clarity on the direction of US monetary policy.