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Maroc Maroc - FINANCIALMIRROR.COM - A La Une - 17/Sep 08:49

Silver consolidates below $31.00, bullish potential intact

Silver trades with a positive bias around the $30.80-30.85 area during the Asian session on Tuesday and remains well within striking distance of a two-month peak touched the previous day. From a technical perspective, Friday’s convincing breakout through the $30.00 psychological mark barrier, which coincided with a short-term descending trend line, was seen as a fresh trigger for bullish traders in XAGUSD. Moreover, oscillators on the daily chart have just started gaining positive traction and support prospects for a further near-term appreciating move. Acceptance above the $31.00 mark will reaffirm the constructive outlook and lift the white metal to the

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