Silver Price Forecast: Drops Below 20-Day MA, Eyes Key Support Levels
A lower swing high in silver suggests weakening momentum, with prices testing key support levels as downside risks increase in the short term.
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Silver prices rose 22% in 2021, but slight decrease expected this year
Silver prices increased by 22% in 2021 and reached a nine-year high of $25.14 per Troy ounce in 2021, when global demand for the precious metal rose by 19% year on year, according to the “World ...