Silver Forecast: XAG/USD retains bullish bias near $80.00, one-month top

Silver (XAG/USD) climbed to a nearly one-month peak near $80.00 and was up 1.0% on the day, supported by an overnight breakout through the 200-period SMA and a move beyond the 50% Fibonacci retracement level of the March downfall Perigon signal context: impact positive, driver market specific.