- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- Silver Price Analysis: XAG/USD drops towards $18.00 inside fortnight-old triangle
Silver Price Analysis: XAG/USD drops towards $18.00 inside fortnight-old triangle
- Silver remains pressured for the third consecutive day inside short-term symmetrical triangle.
- Bearish MACD signals, sustained trading below 100-SMA keep sellers hopeful.
- Mid-month high, 61.8% FE act as extra filters to trade.
Silver price (XAG/USD) remains depressed at around $18.40 inside a two-week-old symmetrical triangle. That said, the bright metal recently approaches the stated triangle’s support line.
Given the bearish MACD signals and the quote’s successful trading below the 100-SMA, XAG/USD is likely to witness further downside.
That said, the triangle’s lower line, around $18.25, appears the immediate support to watch for the metal traders.
Following that, the $18.00 threshold and the 61.8% Fibonacci Expansion (FE) of July 05-20 moves, near $17.80, could challenge silver bears.
In a case where the XAG/USD prices remain weak past $17.80, the odds of witnessing a south-run towards the June 2020 low near $16.95 can’t be ruled out.
Alternatively, the aforementioned triangle’s upper line, around $18.90, precedes the $19.00 round figure, also comprising the 100-SMA, which restricts the XAG/USD pair’s short-term upside moves.
If the silver buyers keep reins past $19.00, the mid-July swing high near $19.40 and the $20.00 psychological magnet will be on their radars afterward.
Overall, silver remains pressured around a multi-month low but the short-term triangle may restrict immediate moves.
Silver: Four-hour chart
Trend: Further weakness 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.
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
