Home / Forex Treding / Silver Price Forecast: XAG/USD clings to 200-day SMA as Fed takes center stage

Silver Price Forecast: XAG/USD clings to 200-day SMA as Fed takes center stage

Forex Rates Today

Silver (XAG/USD) trades virtually unchanged on Tuesday around $70.00 after reclaiming its 200-day Simple Moving Average (SMA), as traders await the Federal Reserve’s (Fed) monetary policy announcement before placing large directional bets.

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