SILVER Weekly Price Analysis – August 18 When the bears gain more pressure, the support level of $19 may be broken downside, price may decrease and test the support levels of $18, and $17. In case the bulls defend the support level of $19, then, price may continue bullish trend towards $20 resistance level, it […]
SILVER Weekly Price Analysis – August 11 When the bulls gain more pressure, the resistance level of $21 may be broken upside, price may increase and test the resistance levels of $22, and $23. In case the bears oppose bulls at $20 level, the price may break down the support level of $20, it may […]
SILVER Weekly Price Analysis – June 30 When the price reached the resistance level of $22.16 the buyers’ momentum decreases in the Silver market. The resistance level of $21.75 holds the price and the bulls could not break up the mentioned level. Sellers are dominating Silver market and the price pulled back targeting previous low […]
SILVER Price Analysis – February 17 Failure to break up $23 price level by the bulls may result to further price decrease to $22, $20 and $19 levels. Silver price may increase when the Bulls’ momentum breaks up the $23 resistance level, the price may find its resistance at $24 and $24 levels. XAGUSD Market […]
Key LevelsResistance Levels: $26, $28, and $30Support Levels: $24, $22 and $19 XAG/USD Price Long-term Trend: RangingXAG/USD price is in a sideways trend but battles the overhead resistance at $28. Following the uptrend on August 3, Silver rallied to a high of $28. The bulls could not sustain the bullish momentum above the recent high. […]
Silver (XAGUSD) Price Analysis – December 5 Silver (XAGUSD) remains under pressure, having pared a corrective drop from a multiday low on Friday. After the drop to $22.03 lows, the white metal might reinforce the recent bounce towards the $23.00 level. As risk flows dominate the financial markets, the white metal continues to attract buyers. […]
XAGUSD Price Analysis – November 29 During the Monday session, Silver (XAGUSD) consolidates monthly losses around the $23.00 levels after a pullback from the intraday high at the $23.44 level. Throughout the first half of the day, the white metal remained bid and was last seen trading at $22.98, down roughly 0.70% on the day. […]
XAGUSD Price Analysis – November 21 At the time of writing, Silver (XAGUSD) ended the prior session in the red, down about 1%, at the $24.55 level. In the equity markets on Friday, there was a risk-off market tone which strengthens the greenback. The pair may remain distressed under the $25.00 barrier in the new […]
Silver (XAG) Price Analysis – November 7 The price of spot Silver (XAG) has risen significantly in recent trade having breached the $24.00 handle for now. The precious metal buyers look to conquer further barriers and pave the way for an upward move towards the $24.50 level. A continued decline in global and US yields […]
