Silver prices have suddenly fallen in the short term! How will silver perform next? FXStreet analysts' latest technical analysis of silver prices.
During Tuesday's Asian market trading, spot silver suddenly fell rapidly in the short term. Currently, the silver price is near $29.25 per ounce, plummeting 1% intraday. FXStreet analyst Christian Borjon Valencia pointed out that the technical outlook indicates a 'put-swallowing' pattern that began last week, and the relative strength index (RSI) shows bearish momentum.
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