Silver (XAG/USD) Bulls Target $69.00 as Market Mood Improves
Silver (XAG/USD) is recovering losses during Friday's European session, trading in the mid-$67.00s as improved market sentiment supports bullish momentum toward the $69.00 target.
XAGUSD
Silver (XAG/USD) is regaining ground in Friday's European session, erasing earlier losses and trading in the mid-$67.00 range. The recovery comes amid an improved market mood, which is encouraging bulls to target the $69.00 level.
The bullish outlook for the precious metal is underpinned by a more favorable risk environment, with traders eyeing further upside as momentum builds. The $69.00 mark represents a key resistance level that could define the next leg of the rally.
Source: FXStreet Forex News