XAG/USD Current price: $62.00Tepid United States data weighed on an already weak US Dollar. XAG/USD trades at a fresh one-month high and aims to extend its recovery. XAG/USD short-term technical outlookBroad USD weakness keeps precious metals near recent highs, with XAG/USD now hovering around the $62 level. In the 4-hour chart, XAG/USD trades at $62.00, extending its recovery above the critical $61 mark, a former relevant low now an immediate relevant support. Momentum has improved, with the 14-day Relative Strength Index around 56 and the 14-day Momentum indicator turning firmly positive, which suggests buyers currently have the upper hand.