Silver prolongs its recent well-established uptrend and is climbing to a fresh record high, around the $69.45 area, during the Asian session. Moreover, the broader technical setup for XAGUSD seems tilted firmly in favour of bullish traders and suggests the path of least resistance for the white metal remains to the upside. Against the backdrop of repeated rebounds from the 100-hour Simple Moving Average (SMA) over the past two weeks or so, last week’s breakout through the $66.40-66.50 resistance was seen as a key trigger for the XAGUSD bulls. A subsequent strength beyond $67.20-67.25 last Friday validates the near-term positive The post Silver bulls retain control above record high appeared first on Financial Mirror .