XAGUSD Price Set To Soar Higher Into the $28.00 Level

Azeez Mustapha



Select a Plan


 1-month subscription



 3-month subscription



 6-month subscription



 lifetime subscription



 Separate Swing Trading Group



Get VIP forex signals, VIP crypto signals, swing signals, and forex course free for lifetime.

Just open an account with one our affiliate broker and make a minimum deposit: 250 USD.

Email [email protected] with a screenshot of funds on account to get access!

Sponsored by

Sponsored Sponsored


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 – May 30

Silver (XAGUSD) is in an uptrend, with buyers controlling any dips and setting for a move higher to the $28.00 region. The price of silver is currently $27.93 per ounce, up 0.32 percent. The price of silver is being pulled downwards as the US dollar and Treasury yields strengthen.

Key Levels
Resistance Levels: $29.50, $28.90, $28.32
Support Levels: $27.50, $27.00, $26.72
XAGUSD Long term Trend: Ranging
Silver (XAGUSD) prices are stabilizing beneath $28.00 and have maintained a generally bullish bias despite the resurgent strength of the US dollar. The XAGUSD currency pair finished Friday’s foreign exchange trade up 0.32 percent, implying a positive move from previous levels.

Only a move below $27.50 and the MA 13 might reverse the trend. At this time, buying the dips is the best strategy, and Silver is primed to rise. Meanwhile, if the stated support level holds, XAG could trade sideways against the US dollar in the next trading session. Any more weakness, however, must break through the weekly low of $27.40 to render the XAGUSD bullish run meaningless.
XAGUSD Short term Trend: Ranging
After approaching resistance at the key $28.00 level, silver’s price has performed a mild technical pullback. On the one hand, the 4-hour MA 5 crossing the MA 13 higher in the $27.70 level towards the $28.00 range might likely push the price of XAGUSD higher.

Meanwhile, the rate may maintain support at the horizontal level of $27.50. On the other hand, in the event of a surge, the white metal might find resistance at the next horizontal line of $28.32. As a result, the market may have some upward potential in the coming sessions.

Note: Learn2.Trade 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 result

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$250 Min Deposit
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$200 Min Deposit
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit

Share with other traders!

Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.

Leave a Reply

Your email address will not be published. Required fields are marked *