XAGUSD: Silver Prices

Silver (XAGUSD) Trading Higher After Poor Chinese PMI Data

The price of silver (XAGUSD) is ticking higher this Thursday and is presently trading around $118.12 after the FOMC decision of yesterday and weaker-than-expected PMI data from China. Silver prices had experienced a bullish run having broken above the symmetrical triangle, but retreated as traders repositioned for yesterday’s Fed announcement. [...]