- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- Silver Price Analysis: XAG/USD bulls await a sustained move beyond 100-day SMA
Silver Price Analysis: XAG/USD bulls await a sustained move beyond 100-day SMA
- Silver shot to two-week tops on Monday, though lacked follow-through.
- The set-up favours bullish traders and supports prospects for further gains.
- Dips below the $24.00 mark could now be seen as an opportunity for bulls.
Silver built on last week's goodish rebound from over two-week lows and gained some follow-through traction on Monday. The uptick pushed the XAG/USD to two-week tops, around the $24.30 region, though bulls struggled to capitalize on the move beyond 100-day SMA.
Looking at the broader picture, the recent pullback from the $24.80-85 region found decent support and stalled near the $23.00 mark. The latter should now act as a key pivotal point for traders and help determine the next leg of a directional move for the XAG/USD.
Meanwhile, bullish technical indicators on hourly/daily charts support prospects for an eventual break through the 100-day SMA barrier. This will set the stage for a move towards the $24.55 intermediate hurdle en-route October monthly swing highs, around the $24.80 area.
On the flip side, any meaningful pullback below the $24.00 mark could be seen as a buying opportunity and remain limited near the $23.70 level. This is followed by support near mid-$23.00s, below which the XAG/USD could accelerate the slide towards the $23.00 mark.
Sustained weakness below would turn the XAG/USD vulnerable to test the next relevant support near mid-$22.00s before eventually breaking below the $22.00 round-figure mark. The downward trajectory could get extended towards YTD lows, around the $21.40 area touched in September.
Silver daily chart
Technical levels to watch
© 2000-2025. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.
Банковни транcфери
