- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- Silver Price Analysis: XAG/USD extends pullback form 50-DMA towards $19.50
Silver Price Analysis: XAG/USD extends pullback form 50-DMA towards $19.50
- Silver price remains pressured towards monthly horizontal support.
- RSI retreat, receding bullish bias of MACD also favor sellers.
- Bulls await successful trading beyond May’s low to retake control.
Silver price (XAG/USD) stays softer around $19.80, extending the previous week’s pullback from the 50-DMA amid Monday’s initial Asian session.
In addition to the failures to cross the 50-DMA, the recent retreat of the RSI (14) and the MACD’s failure to stay firmer also tease sellers.
However, a one-month-old horizontal area surrounding $19.50 appears to challenge the short-term XAG/USD bears.
In a case where the silver price remains weak past $19.50, the previous resistance line from April 18 and the yearly low marked in July, respectively around $18.60 and $18.15, will be important to watch.
Meanwhile, the 50-DMA level surrounding $20.35 guards the precious metal’s recovery moves ahead of the monthly peak near $20.50.
Even so, XAG/USD bulls need sustained trading beyond the low marked during early May, surrounding $20.65-50, for conviction.
Following that, a run-up towards June’s low of $20.90 and the $21.00 threshold should lure the buyers.
Overall, silver prices are likely to witness further downside but the $19.50 appear to restrict the short-term south-run.
Silver: Daily chart
Trend: Further weakness 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
