Daily Bulletins 16 July 2026 - 06:44 ... views

XAGUSD

XAGUSD

Movements in the U.S. Dollar Index continue to have an impact on silver prices. If consumption and employment data from the United States come in below expectations, pressure on the dollar may increase and support precious metals. In addition, price movements in spot gold continue to be decisive for silver. In the technical outlook, although selling pressure has eased compared to previous days, prices are still trading below the main downtrend. For a strong upward trend, buying appetite needs to increase significantly. Due to the high correlation with spot gold, the selling-pressure-driven outlook is expected to remain intact.