Silver (XAG/USD) retreated on Thursday after surging to an all-time high on Wednesday, giving back a portion of the gains. The white metal currently trades around the $65.75-$65.70 region, down over 1% for the day, reflecting the influence of short-term profit-taking. Despite the minor pullback, the broader technical outlook remains bullish, with market participants eyeing potential dip-buying opportunities at lower levels. This article by Servelius offers expert commentary and a complete breakdown of the topic. Silver Pullback: Profit-Taking Triggers Near-Term Slide The recent retreat in silver prices can largely be attributed to an overbought Relative Strength Index (RSI) on the...
BlockchainMay 16, 2026May 20, 2026