- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- Silver Price Analysis: XAG/USD bulls run out of steam, sellers need validation from $24.30
Silver Price Analysis: XAG/USD bulls run out of steam, sellers need validation from $24.30
- Silver price stays depressed after downbeat week-start, grinds near highest levels in a year.
- Overbought RSI conditions, receding bullish bias of MACD signals lure bears.
- Failure to cross ascending resistance line from late 2022 adds strength to bearish bias.
- Multiple support lines from March restrict immediate downside ahead of highlighting 100-DMA support.
Silver price (XAG/USD) makes rounds to $24.80-85 during the early hours of Tuesday’s Asian session, following a downbeat start of the week. Even so, the bright metal seesaws around the highest levels since late April 2022 marked in the last week.
That said, the commodity buyers appear running out of steam of late as the RSI (14) turns over overbought and the MACD signals also retreat within the bullish area.
Adding strength to the downside bias is the XAG/USD’s failure to cross an upward-sloping resistance line from late December 2022, close to $25.15 by the press time.
However, two ascending support lines from the previous month, respectively near $24.65 and $24.30, restrict the short-term downside of the Silver price.
Following that, the precious metal’s slump towards the $21.80-75 support zone comprising January’s low and the 100-DMA can’t be ruled out.
Meanwhile, an upside clearance of the aforementioned resistance line, close to $25.15, opens the door for the XAG/USD rally towards the April 2022 peak of $26.22.
In a case where the Silver buyers keep the reins past $26.22, the previous yearly high of around $26.95 and the $27.00 round figure will gain the market’s attention.
Silver price: Daily chart
Trend: Further downside 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
