Ọlaọcha (XAG) na-ehichapụ uru n'etiti Ngagharị dị mma gaa n'ọkwa $23.50

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XAGUSD Nyocha Ahịa - 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 nnweta rose slightly and was last seen lingering near day highs in the $23.22 -$23.40 range.

Nzọụkwụ Isi
Ọkwa nguzogide: $ 24.50, $ 24.00, $ 23.50
Support Levels: $22.87, $22.10, $21. 42
XAGUSD termdị ogologo oge: anggba
Today, the white metal has struggled and it’s unable to break above the top range of the surge around $23.50, it is currently trading in the red at $23.22 per ounce. Beyond the $23.50 mark, the bulls may regain a stronger grasp.

The XAGUSD pair is held by the rebound trend and the trend may remain in a recovery mode. A closing above today’s upper range, currently at $23.45, might signal a low rebound from the $21.42 level continuation of the rally that began in late September, paving the way for a break beyond the $23.50 barrier.
XAGUSD termdị obere oge: anggba
Silver (XAG) has a greater range on the 4-hour time frame from late September lows at a level of $21.42, suggesting potential upside. As a result, the metal continues to climb. It has already broken through the previous high of $23.00, signaling that the next upward phase is underway.

The pair is expected to find support at $22.87, and a break of that level might take it to the next level of $22.10 support. The pair is expected to hit its initial critical resistance around $23.50, with a break taking it to the next level of resistance at $24.00.

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