- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- Silver Price Analysis: XAG/USD eyes establishment above $20.00 on bullish flag formation
Silver Price Analysis: XAG/USD eyes establishment above $20.00 on bullish flag formation
- A bullish flag formation is indicating a continuation of upside momentum.
- Overlapping 20-and 50-EMAs signals that consolidation will stay a little longer.
- A bullish momentum will trigger if the RSI (14) recaptures the bullish range of 60.00-80.00.
Silver price (XAG/USD) has sensed barricades after attempting a break above the critical hurdle of 19.60 in the Tokyo session. On a broader note, the asset has turned sideways after failing to cross the psychological resistance of $20.00.
A Bullish Flag formation on an hourly scale is supporting bulls. The formation of a Bullish Flag denotes a consolidation phase after a vertical upside move. The north-side sheer move is been recorded from September 7 low at $17.88. The consolidation phase of a Bullish Flag indicates an initiative buying structure in which the buyers initiate longs after the establishment of a bullish bias.
The 20-and 50-period Exponential Moving Averages (EMAs) at $19.38 and $19.34 respectively are tangled with each other, which signals a consolidation ahead.
Meanwhile, the Relative Strength Index (RSI) (14) has shifted into the 40.00-60.00 range but that doesn’t resemble a bearish reversal.
A decisive break above the psychological resistance of $20.00 will drive the bright metal towards August 11 low at $20.25, followed by August 15 high at $20.87.
On the flip side, silver bulls could lose their grip if the asset drops below Friday’s low at $18.78 for a downside towards September 8 low at $18.32. A breach of the latter will drag the asset towards September low at $17.85.
Silver hourly chart
-637991535377227636.png)
© 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
