Silver price fades bounce off two-year low, stays pressured around intraday bottom of late. Impending bear cross on MACD joins failure to cross 50-SMA, monthly resistance line to favor sellers. Bulls need validation from late-August low, 200-SMA to retake control. Silver price (XAG/USD) remains on t

Illustration photo of Gold Price H4 Chart from fxstreet.com Earlier today gold dropped 0.08% to $1917.75 intraday. Sellers of the precious metal are looking for further favors as it took a u-turn from a short-term falling resistance line. This results in a confluence of a 10-day SMA and rising