Silver Price Forecast: Bulls have the upper hand while above the $35.40 horizontal support

  • Silver (XAG/USD) attracts some sellers near the $36.55-$36.60 region during the Asian session on Thursday and erodes a part of the previous day's strong move up to the top end of the weekly range. The white metal currently trades around the $36.40-$36.35 area, down 0.50% for the day, as traders keenly await the release of the US Nonfarm Payrolls (NFP) report before placing fresh directional bets.