- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- Silver Price Analysis: XAG/USD oscillates in a range below 100-hour SMA, $25.00 mark
Silver Price Analysis: XAG/USD oscillates in a range below 100-hour SMA, $25.00 mark
- Silver struggles to capitalize on the overnight goodish rebound from the $24.50 support zone.
- The technical setup seems tilted in favour of bulls and supports prospects for additional gains.
- A convincing break below the $24.40-30 resistance-turned-support will negate the positive bias.
Silver edges higher on Friday, albeit struggles to capitalize on the move beyond 100-hour Simple Moving Average (SMA) and remains capped near the $25.00 psychological mark through the early European session.
From a technical perspective, the XAG/USD has been showing some resilience below the 23.6% Fibonacci retracement level of the March-April rally and finding support ahead of the $24.40-$24.30 strong horizontal resistance breakpoint. The subsequent bounce, along with positive oscillators on the daily chart, favour bullish traders and support prospects for additional gains. That said, it will still be prudent to wait for some follow-through buying beyond the $25.00 mark before placing fresh bullish bets.
The XAG/USD might then accelerate the momentum towards the $25.50-$25.60 supply zone. A sustained strength beyond will negate any near-term negative bias and allow the white metal to make a fresh attempt to conquer the $26.00 round-figure mark and retest a one-year high touched earlier this month. Some follow-through buying should pave the way for an extension of the positive momentum towards the next relevant hurdle near the $26.25-$26.30 region en route to the $27.00 round-figure mark.
On the flip side, the $24.50-$24.40 region might continue to act as immediate strong support, which if broken decisively might prompt some technical selling. The XAG/USD might then weaken further below the $24.00 mark and test the 38.2% Fibo. level, around the $23.70 area. The corrective decline could get extended further towards the $23.35-$23.30 horizontal support before the metal eventually drops to the $23.00 round-figure mark, representing the 50% Fibo. level.
Silver 1-hour chart
Key levels to watch
© 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
