Silver Price Forecast: XAG/USD has a key support level at $35.50

  • Silver (XAG/USD) is bouncing up from a key support area at $35.50 on Tuesday, following a three-day reversal from multi-year highs at $37.35. The pair is drawing support from US Dollar weakness amid the risk-on mood, but the weak demand for safe havens is also keeping Silver upside attempts limited.