Crypto
Silver Price Consolidates Near $64 as Analysts Eye Potential Move Lower
The silver price has stabilized around $64.11 after failing to break above its weekly highs, according to XAGUSD traders.
Silver traded as high as $64.50 before retreating towards $64 and consolidating near a wider resistance formation.
Cali XAUUSD notes that the larger trend of silver remains unchanged and is still in a sell trend.
A sell signal is present at price levels around the mid-$65 to $66 range, which could lead to a move lower if sellers defend that area.