Silver Price Forecast: XAG slides below 200-day SMA, bears target $61

Silver (XAG/USD) price tumbles for the third consecutive trading day, down over 3.32% on Friday, courtesy of broad US Dollar (USD) strength and rising US Treasury yields, which have aimed higher since Wednesday amid the Fed's hawkish tilt.

Silver Price Forecast: XAG slides below 200-day SMA, bears target $61
Silver (XAG/USD) price tumbles for the third consecutive trading day, down over 3.32% on Friday, courtesy of broad US Dollar (USD) strength and rising US Treasury yields, which have aimed higher since Wednesday amid the Fed's hawkish tilt.

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