Silver- Clear levels to watchAfter the 22 recent low, Silver rose and reached almost 25 figure.
Now the precious metal is correcting this move and is trading at 23.68 at the time of writing.
A break under 23.40 zone would again expose 22 and, on the other hand, a break above 24 would signal a potential leg up
Xagusdanalizi
ANALYSIS ON XAGUSD (Silverdusd)ANALYSIS ON XAGUSD (Silverdusd)
Welcome to my analysis
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30Min CHart
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Interesting Point of interest In the XAGUSD pair.
- Price below 100/200 day EMA.
- Buy reversal.
- Expecting more Upward momentum.
- Watch 17.07500 - 17.43000 for take profit.
- MACD showing bullish divergence
Stay Tuned
XAGUSD approaching support, potential for a bounce!
XAGUSD is expected to drop to 1st support at 18.1722 where it could potentially react off and up to 1st resistance at 18.3192.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
XAGUSD approaching support, potential for a bounce!
XAGUSD is expected to drop to 1st support at 18.1722 where it could potentially react off and up to 1st resistance at 18.3192.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
XAGUSD approaching support, potential for a bounce!
XAGUSD is expected to drop to 1st support at 15.80311 where it could potentially react off and up to 1st resistance at 15.06265.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.