Silver prices (XAG/USD) experienced a slight downturn after reaching a record high of $94.76. As of Tuesday during European trading hours, the currency pair is hovering around $94.20 per troy ounce. This pullback reflects a moment of consolidation following a significant surge that captured market attention.
The fluctuations in silver's exchange rate are attributed to a mix of strong demand and macroeconomic factors impacting investor sentiment. With the precious metal recently hitting unprecedented levels, traders are closely monitoring market dynamics to ascertain potential support and resistance levels in the ongoing trading session.
About FX Killer Trader Incubation Program
Want to become a professional trader? FX Killer offers a completely free professional trader training program. We provide systematic courses, practical training, and professional mentorship to help you grow from beginner to full-time trader.
👉 Join Free Training Program | Trading Psychology Assessment
Data Source: FX Killer Analysis Team Updated: 2026-01-20 07:49
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.