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The Silver Market Pushes Up Towards Recent High

The Silver Market Pushes Up Towards Recent High

Thomas Long, Course Instructor

The silver market continues to run up towards the previous high of 31.13. This XAG/USD daily chart shows how strong this uptrend has been. Based on the longer-term strength and recent strength, I would continue to look for buying opportunities as long as the pair remains above the 26.36 low noted on the chart.

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.