The price of silver moved to a high on Friday at $29.79. That got within $0.30 of the 2021 high at $30.09. The 2020 high reached $29.86. So there are 3 highs from 3 different years with $0.30. Those highs are the highest since 2013. Getting above them would open the door to the upside. After reaching the high on Friday, the price started to rotate lower. That move day the price move below the 100 hour MA (blue line) and then the 38.2% of the move up from the March 2024 low (see hourly chart below). However, buyers came in against the 200-hour MA and bounced. The high price on Monday reached up to $29.01 before rotating back lower. Today, the price once again fell below the 100-hour MA (blue
Hence then, the article about silver bounces off 200 hour ma on the last 2 tests was published today ( ) and is available onforex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Silver bounces off 200 hour MA on the last 2-tests )