Silver Price Analysis: XAG/USD buyers aim for another battle with 200-SMA
02.02.2022, 00:57

Silver Price Analysis: XAG/USD buyers aim for another battle with 200-SMA

  • Silver picks up bids to print three-day uptrend, reverses previous day’s pullback from the key SMA.
  • Previous support line from December 2021, three-week-old resistance add to the upside filters.
  • Weekly ascending trend line limits immediate downside, Momentum indicator favors bulls.

Silver (XAG/USD) holds onto the weekly rebound near $22.65, despite the previous day’s pullback from 200-SMA, during Wednesday’s Asian session.

It’s worth noting that the weekly support line joins firmer Momentum to keep buyers hopeful of clearly overcoming an upward sloping support-turned-resistance line from December 15, around $22.75.

Following that, the 200-SMA level near $23.00 will precede a three-week-long resistance line, near $23.15, to challenge XAG/USD bulls.

Should silver prices rise past $23.15, a five-week-old horizontal resistance area near $23.45 will be important to convince the bulls.

Alternatively, pullback moves remain elusive until staying beyond an upward sloping trend line from Friday, near $22.50 at the latest.

In a case where the silver bears manage to conquer the nearby support line, the recent swing low around $22.15 and January’s trough surrounding $21.95, will be crucial before targeting the December 2021 low of $21.42.

Silver: Four-hour chart

Trend: Further recovery expected

 

© 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.

Politika sprečavanja pranja novca

Upozorenje o rizicima

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.

Politika poverenja

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
Feedback
Lajv čet E-mail
Povratak na vrh
Izaberi lokaciju / jezik