Silver Futures Bearish Momentum With A 7% Fall In The Last 21 Sessions

(VIANEWS) – Silver (SI) has been up by 7.64% for the last 21 sessions. At 05:51 EST on Sunday, 4 June, Silver (SI) is $23.70.

Today’s last reported volume for Silver is 59741, 99.99% below its average volume of 13233285167.57.

Silver’s last week, last month’s, and last quarter’s current intraday variation average was 0.75%, 0.33%, and 1.39%, respectively.

Silver’s highest amplitude of average volatility was 0.75% (last week), 1.17% (last month), and 1.39% (last quarter), respectively.

Silver price analysis: xag/usd struggles to extend $23.50 resistance break. According to FXStreet on Friday, 2 June, "With this, the Silver Price is likely to cross the immediate 50-EMA hurdle of around $23.95 and can prod the $24.00 round figure. ", "In a case where the XAG/USD price remains firmer past $24.65, the odds of witnessing the $25.00 round figure on the chart can’t be ruled out whereas the yearly high marked in May near $26.15 may lure the Silver buyers then after."

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