Silver Price Analysis : XAG/USD SPOT Bullish Sequence

  • Silver edged higher on Monday and built on last week’s bounce from the $25.90 support zone.

  • The set-up seems tilted in favour of bullish traders and supports prospects for additional gains.

Silver gained positive traction for the second consecutive session on Monday and built on the last week's rebound from sub-$26.00 levels. The commodity climbed back above the $27.00 mark and was last seen trading just below the $27.50-60 supply zone.

Disclaimer - Any of my investment or trades I share on my blog are provided for educational purposes only and do not constitute specific financial, trading or investment advice. The blog is intended to provide educational information only and does not attempt to give you advice that relates to your specific circumstances.

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