XAG/USD hits record highs near $69.00 on renewed Israel-Iran tensions

XAG/USD sits near record high, bullish trend intact

Silver (XAG/USD) prolongs its recent well-established uptrend and climbs to a fresh record high, around the $69.45 area, during the Asian session. Moreover, the broader technical setup seems tilted firmly in favor of bullish traders and suggests that the path of least resistance for the white metal remains to the upside. Against the backdrop of repeated rebounds from the 100-hour Simple Moving Average (SMA) over the past two weeks or so, last we…

Silver Price Forecast: XAG/USD sits near record high, bullish trend intact

Silver (XAG/USD) prolongs its recent well-established uptrend and climbs to a fresh record high, around the $69.45 area, during the Asian session.

XAG/USD hits record highs near $69.00 on renewed Israel-Iran tensions

The post XAG/USD hits record highs near $69.00 on renewed Israel-Iran tensions appeared on BitcoinEthereumNews.com. Silver price (XAG/USD) trades 2.5% higher to near $69.00 during the Asian trading session on Monday, the highest level ever seen. The white metal strengthens as investors shift to a safe-haven fleet on renewed tensions between Israel and Iran. According to a report from NBC News, Israeli officials have grown increasingly concerned …