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.
Silver Price Targeting previous high
SILVER Price Analysis – 31 August
In case buyers are able to hold the $24 price level and the $25 resistance level is broken, silver’s price may increase and test the $26 and $27 resistance levels. The $23 and $22 price support levels would be the targets of a price break lower if sellers increased their pressure, which would result in a breakdown of the $24 level.
XAGUSD Market
Key Levels:
Resistance levels: $25, $26, $27
Support levels: $24, $23, $22
XAGUSD Long-term trend: Bullish
Silver’s long-term outlook is positive. The creation of a double top chart pattern at the $25 resistance level on July 27 marked the beginning of a bearish trend. The $25 support level was breached by the silver price. Due to this scenario, Silver’s price dropped to $22 on August 15. At the stated level, buyers resisted the bearish movement. Currently, it is rising as the purchasers gather steam. The $24 barrier is broken upside already by the price.
Silver Price Analysis April 06 
The fast EMA has crossed the slow EMA upward, white metal is currently trading in a bullish trend above the 9-period and 21-period exponential moving averages. The relative strength index’s period 14 signal lines are bending upward at 63. If buyers are able to hold the $24 price level and the $25 resistance level is broken, silver’s price may increase and test the $26 and $27 resistance levels. The $23 and $22 price support levels would be the targets of a price break lower if sellers increased their pressure, which would result in a breakdown of the $24 level.
XAGUSD Medium-term Trend: Bullish
XAGUSD 4-hour chart shows a bullish phase. Silver found support at $22 level when the double top chart pattern, a bearish reversal pattern was formed. Silver of white metal twice came perilously close to breaking the $25 threshold before beginning a quick fall. The price hit the $22 mark last two weeks and did some consolidation before the bulls applied pressure. Currently, it is rising toward $25 resistance level.
Currently, the price of silver is trading above significant dynamic resistance levels, signaling a bullish market. The period 14 signal line for the relative strength index is pointing upward and is at a level of 62. It is signaling a buy.
You can purchase Lucky Block here. Buy LBLOCK
- 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
