- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- Silver Price Analysis: XAG/USD stays on bear's radar around $22.00
Silver Price Analysis: XAG/USD stays on bear's radar around $22.00
- Silver price portrays corrective bounce near 10-week low.
- Clear downside break of weekly trading range, sustained trading below 200-HMA favor XAG/USD sellers.
- Silver buyers should remain cautious unless renewing monthly high.
Silver price (XAG/USD) picks up bids to print a corrective bounce off the 2.5-month low around $22.00 early Friday morning. In doing so, the bright metal braces for the fourth weekly loss despite poking the support-turned-resistance.
That said, the metal’s clear break of the weekly trading range joins successful trading below the 200-Hour Moving Average (HMA) to keep the Silver sellers hopeful. Adding strength to the downside bias could be the reference to the metal’s previous fall after breaking the short-term trading range.
Hence, the XAG/USD rebound appears elusive unless crossing the support-turned-resistance line of the latest trading range, near $22.05 by the press time.
Even if the quote rises past $22.05, it won’t be able to lure the buyers unless clearly crossing the 200-HMA hurdle surrounding $22.90.
It’s worth noting that the XAG/USD run-up beyond $22.90 appears bumpy and hence upside hopes remain elusive until the quote stays below the current monthly high of $24.63.
On the contrary, the latest swing low of around $21.85 precedes the November 24, 2022 swing high near $21.65 to restrict short-term Silver price downside.
Following that, the late November low of $20.58 and the $20.00 psychological magnet will gain the market’s attention.
Overall, the Silver price remains bearish despite the latest rebound.
Silver price: Hourly 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
