Silver price ended Monday’s session with losses of over 0.40% as upbeat news from last weekend's meetings between US and Chinese delegations delivered an agreement to reduce tariffs for 90 days, marking the beginning of negotiations.

Silver price (XAG/USD) is extending its gains for the fourth successive session, trading around $33.00 per troy ounce during the Asian hours on Tuesday. Technical analysis of the daily chart indicates a bullish outlook, as the precious metal continues to trade within an ascending channel pattern.

Silver (XAG/USD) attracts heavy intraday selling in the vicinity of the $33.00 round figure and dives to over a one-week trough during the first half of the European session on Monday.

Silver price (XAG/USD) is extending its gains for the third consecutive session, trading around $32.90 per troy ounce during Asian hours on Monday.