Silver Price Forecast: XAG/USD trims Monday losses, eyes the 200-day EMA around $21.30 – by christianborjon Silver XAGUSD Metals Macroeconomics Technical Analysis
ies tumbling while US Treasury yields advanced. Nevertheless, the XAG/USD erased some of its Monday losses, trading at $21.27, above its opening price, after hitting a daily low of $20.92.
In the meantime, the Covid-19 riots in China appeared to wane as health officials urged local governments to avoid unnecessary and lengthy lockdowns. Chinese health officials said the Omicron variant is less severe while committed to vaccinating elder people aged 80 or older.
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