- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- Silver Price Analysis: XAG/USD at a brisk of falling below $21.00
Silver Price Analysis: XAG/USD at a brisk of falling below $21.00
- Silver is retreating from last week’s highs at $21.30.
- Failure to decisively break above the February 17 low of $21.18 exacerbated a fall toward $21.00.
- Silver Price Analysis: Dark cloud cover forms eyeing a break below $21.00.
XAG/USD fails to extend last Friday’s rally, retreats from weekly highs of around $21.30, and drops 0.92% or 0.20 cents in Monday’s session. At the time of writing, the XAG/USD is trading at $21.02, below its opening price.
XAG/USD Price action
Silver is downward biased, as shown by the daily chart. After testing the February 17 daily low, which turned resistance at $21.18, the XAG/USD spot price dropped, as bears eye $20.00. However, on its way south, the XAG/USD needs to clear the $21.00 barrier. Once removed, the XAG/USD next support would be the March 3 low of $20.84, followed by the March 1 low of $20.68. A breach of the latter would expose the YTD low of $20.43.
After exiting oversold conditions, the Relative Strength Index (RSI) turned the corner and its aiming down. That suggests that sellers are gathering momentum, further reinforced by the Rate of Change (RoC), as buying pressure is losing momentum.
As an alternate scenario, the XAG/USD first resistance would be the March 6 high at $21.30. Once buyers reclaim that level, Silver could rally toward the 20-day Exponential Moving Average (EMA) At $21.50 before reaching the 200-day EMA at $21.85.
XAG/USD Daily chart
XAG/USD Technical levels
© 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
