Silver Price Analysis: Climbs above $80 as bulls eye weekly high
Silver (XAG/USD) price advances more than 2.50% on Friday, set to end the week with gains of over 7% sponsored by US Dollar (USD) weakness and falling Oil prices. At the time of writing, XAG/USD trades at $80.72, after bouncing off daily lows of $78.16.
Silver prices are likely to continue their upward momentum as bullish sentiment prevails, potentially targeting higher resistance levels. The weakness in the US Dollar and falling oil prices may further support this trend.
Silver (XAG/USD) price advances more than 2.50% on Friday, set to end the week with gains of over 7% sponsored by US Dollar (USD) weakness and falling Oil prices. At the time of writing, XAG/USD trades at $80.72, after bouncing off daily lows of $78.16.
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