- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- Silver Price Analysis: XAG/USD retreats from 50-day EMA towards $20.00
Silver Price Analysis: XAG/USD retreats from 50-day EMA towards $20.00
- Silver price snaps four-day uptrend around one-month high, depressed around intraday low of late.
- RSI pullback, failure to cross 50-day EMA challenge buyers on the way to 100-day EMA.
- 20-day EMA, previous resistance line from April 18 restrict short-term downside.
Silver price (XAG/USD) portrays a U-turn from the 50-day EMA as the metal prints the first daily loss in five around $20.00 during early Monday morning in Europe.
In addition to the 50-day EMA, the RSI retreat also challenges the XAG/USD buyers.
However, the metal’s successful trading above the 20-day EMA and the previous resistance line from April, respectively around $19.45 and $19.20, signal further upside of the XAG/USD.
In a case where the silver price remains weak past $19.20, the $19.00 and the recent multi-month low surrounding $18.15 could challenge the bears.
Alternatively, the 50-day EMA and the support-turned-resistance line from May 13, close to $20.35 and $20.75 in that order, restrict short-term XAG/USD upside.
Also acting as an upside filter is the 100-day EMA hurdle surrounding $21.45, a break of which could direct silver buyers towards June’s monthly peak near $22.50.
To sum up, silver prices are likely to witness barricades during the further upside. Even so, the sellers are far from retaking controls.
Silver: Daily chart
Trend: Limited downside expected
© 2000-2024. 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
