Silver Price Analysis: Bearish engulfing pattern forms, eyes on $70
Silver (XAG/USD) tumbles over 3% on Monday as the US Dollar rises on safe-haven demand amid escalating US-Iran tensions in the Strait of Hormuz, as the US Navy embarks on Donald Trump’s 'Operation Freedom'. At the time of writing, XAG/USD trades at $72.74 after reaching a high of $76.00.
Silver (XAG/USD) tumbles over 3% on Monday as the US Dollar rises on safe-haven demand amid escalating US-Iran tensions in the Strait of Hormuz, as the US Navy embarks on Donald Trump’s 'Operation Freedom'. At the time of writing, XAG/USD trades at $72.74 after reaching a high of $76.00.
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