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 […]
Silver (XAG) Slid Lower, Enabling Bears After a Recent Drop From $24.00 Silver (XAG) prices plummeted in the prior session. The XAGUSD pair fell to $23.65 low as the US dollar rose, its lowest level in a week. The white metal appears to have found acceptance below $24.00, with intraday losses of roughly 0.70 percent. […]
Silver (XAG) Price Analysis – October 24 Silver (XAG) has slid back from levels just underneath the $25.00 barrier, retreating under the $24.50 area on the strength of the US dollar’s strong reaction to Fed Powell’s comments during the prior session. The white metal was last seen trading roughly 0.71 percent higher, slightly around the […]
XAGUSD Price Analysis – October 18 Silver (XAG) positive fortunes faded around the $23.50 mark, with the price erasing its most recent thrilling bounce above the moving average of 13. During the Monday session, the commodity rose slightly and was last seen lingering near day highs in the $23.22 -$23.40 range. Key LevelsResistance Levels: $24.50, […]
XAGUSD Price Analysis – October 3 Silver (XAGUSD) is extending its upward trend, pushing up from recent lows around $21.50 while climbing beyond the mid $22.00 level of Friday. Falling US bond yields are boosting the surge in XAGUSD, with the 10-year benchmark note coupon resting at 1.520 percent, down roughly two basis points (bps). […]
XAGUSD Price Analysis – September 19 With rising energy costs and plummeting metal prices, Silver (XAGUSD) is under severe strain. After better-than-expected US economic data in the prior week, precious metal prices plummeted and are under pressure around the mid $22.00 level. XAG fell below the important $23.50 mark and had since experienced increased selling. […]
XAGUSD Price Analysis – September 5 Silver (XAG) is up 3.90 percent from the last session, assisted by the dismal NFP report, which came in below forecasts. XAGUSD reached $24.87, its highest level in a month, as per the technical analysis. The dollar stays depressed overall, extending weekly losses. Key LevelsResistance Levels: $26.00, $25.50, $25.00Support […]
