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XAG eyes 100-day SMA after Waller rally

Silver price advances by some 2.45% on Thursday, boosted by dovish comments from Fed Governor Waller, which pushed the US Dollar and US Treasury yields lower. The XAG/USD trades at $66.90, after reaching a high of $67.48.XAG/USD Price Forecast: Technical OutlookThe white metal is neutral to downward biased. After hitting an all-time high of $121.66, the Silver price respects the market structure of lower highs and lower lows, indicating that sellers are in control.Momentum shifted…

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Nvidia announced Thursday that it will buy AI developer platform Hugging Face in a deal valued at approximately $12.9 billion. The chipmaker is betting that growing demand for the open-source AI models hosted on Hugging Face will fuel future growth, even as some of Nvidia’s largest customers develop their own…

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