Silver stays well supported above $26.00, still stuck within bearish flag


Source: fxstreet.com fxstreet.com

Key Topics in this News Article:

News Snapshot:

| By Joel Frank Spot silver has remained well supported above the $26.00 level on Friday. XAG/USD has been consolidating with a bearish flag these past few weeks, implying a bearish breakout is very possible. Spot silver prices (XAG/USD) have been nudging higher on the final trading day of the week and have, for the most part, remained well supported above the $26.00 level in recent hours. On the day, its looks as though spot silver is going to close about 0.6% or just over 15 cents higher, meaning that on the week it will have gained about 1.2% or...