MarketPR
XAG/USD is grinding just above the March low of $63.80, with sellers continuing to defend the $64.50 resistance level and the broader downtrend intact since mid-February.
A stronger US dollar and a 10-year Treasury yield above 4.3% are compressing the appeal of non-yielding assets across the board — the same macro regime weighing on risk assets including $NEAR and $ASIA.
Death Cross Confirmed, RSI Still Has Room to Fall The daily chart for silver tells the story plainly: a sequence of lower highs and lower lows, and a 50-day moving average that has crossed below the 200-day — a death cross formation that typically flags extended weakness ahead.
The Relative Strength Index sits below 40, confirming bearish momentum is intact while stopping short of oversold territory.
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