Service for copy trading. Our Algo automatically opens and closes trades.
The L2T Algo provides highly profitable signals with minimal risk.
24/7 cryptocurrency trading. While you sleep, we trade.
10 minute setup with substantial advantages. The manual is provided with the purchase.
79% Success rate. Our outcomes will excite you.
Up to 70 trades per month. There are more than 5 pairs available.
Monthly subscriptions begin at £58.
XAGUSD Price Analysis – July 1
Silver (XAGUSD) indicates a strong sequence from mid-June lows which supports more upside. During the European session, the white metal grew higher but XAGUSD struggled to maintain an upward spike past the $18.45 mark. Silver then plunged to register low at $17.53 intraday level.
Key levels
Resistance Levels: $19.65, $18.94, $18.37
Support Levels: $17.63, $17.25, $17.00
XAGUSD Long term Trend: Bullish
The white metal has struggled to breach through the upper range of the spike today and is now trading on the red around $18.01 level per ounce. The bulls established a stronger grip beyond the $18.00 mark.
The trend may stay bullish while the flag trend holds the metal. A close beyond today’s upper range, presently at $18.45 level, may imply a $16.95-level continuation of the rally from mid-June and open it up for a breach beyond $18.94 threshold.
XAUUSD Short term Trend: Bullish
On the 4-hour time frame, Silver (XAGUSD) exhibits a higher range from mid-June lows at a level of $16.95 which supports more upside. The metal thus goes on to rise higher. It has already breached at $18.37 level beyond the prior high, indicating the next higher phase is in progress.
The pair is supposed to discover support at a level of $17.63, and a slip through might push it to the next level of $17.25 support. The pair is supposed to meet its initial key resistance at $18.94, and a move through might take it to the next $19.65 level of resistance.
Note: Learn2Trade.com is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results
- Broker
- Min Deposit
- Score
- Visit Broker
- Award-winning Cryptocurrency trading platform
- $100 minimum deposit,
- FCA & Cysec regulated
- 20% welcome bonus of upto $10,000
- Minimum deposit $100
- Verify your account before the bonus is credited
- Over 100 different financial products
- Invest from as little as $10
- Same-day withdrawal is possible
- Fund Moneta Markets account with a minimum of $250
- Opt in using the form to claim your 50% deposit bonus