XAGUSD Price Analysis – February 28 The XAGUSD pair lost upside momentum under the $28.00 level during the prior session as sellers’ pressure takes a toll to hit the $26.13 low level. In the new week, the pair may stay distressed under the $28.00 level as the U.S dollar may gather further strength on rising […]
XAGUSD Price Analysis – February 21 Silver (XAGUSD) spot price continues to defy selling pressure under the $28.00 mark as the pair stays supported on dips to the $27.00 level. The white metal further raced higher towards the upside zone to maintain its positive bias due to reports of some suppliers running out during the […]
XAGUSD Price Analysis – February 16 Silver (XAGUSD) price continues to range within the $27.00 to $28.00 region as buyers support the prospect for a move beyond the $28.00 and on the other hand, sellers need to refresh monthly low for entries. Silver is currently trading at $27.05 per ounce, representing a 0.50% loss on […]
XAGUSD Price Analysis – February 8 The white metal managed to recover some of the losses on Friday and has continued to rise during the European session on Monday. Silver (XAGUSD) is building on Friday’s rebound above $27.00 as the US dollar remains pressured while the $1.9T stimulus optimism favors the bulls. Key LevelsResistance Levels: […]
The Silver short-squeeze right? Well it´s hard to short squeeze a market so big with much less short interest than those stocks (GME, AMC, etc…) but there is a good opportunity here never the less. Silver started rallying last Thursday and continued to rally throughout Monday to the 30.1365 level (8 year high) breaking through […]
