- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- Silver Price Analysis: XAG/USD continues to face rejection near $26.00; $25.50-40 holds the key
Silver Price Analysis: XAG/USD continues to face rejection near $26.00; $25.50-40 holds the key
- Silver once again fails ahead of the $26.00 mark and turns lower on Thursday.
- Positive oscillators support prospects for the emergence of some dip-buying.
- A break below the $25.50-40 area is needed to negate the positive outlook.
Silver attracts some sellers following an early uptick to the $26.00 neighbourhood and extends its intraday descent through the early European session on Thursday. The white metal drops to a fresh daily low, around the $25.45 region in the last hour and for now, seems to have snapped a two-day winning streak back closer to over a two-week high touched on Monday.
From a technical perspective, the recent repeated failures near the $26.00 round figure could be seen as the first sign of possible bullish exhaustion. The XAG/USD, however, has been showing resilience near the $25.50-$25.40 strong horizontal resistance breakpoint, now turned support. The said area coincides with the 23.6% Fibonacci retracement level of the March-April rally and should act as a key pivotal point.
Meanwhile, oscillators on the daily chart are holding comfortably in the positive territory. This further makes it prudent to wait for strong follow-through selling below the aforementioned support before confirming that the XAG/USD has formed a near-term top and positioning for any meaningful corrective decline. The white metal might then weaken below the $24.00 mark and test 38.2% Fibo. level, around the $23.70 area.
The downward trajectory could get extended further towards the $23.35-$23.30 confluence, comprising the 50-day and the 100-day Simple Moving Averages (SMAs), en route to the $23.00 mark, or the 50% Fibo. level.
On the flip side, bulls might now wait for a move beyond the $26.00 round figure and a one-year high touched in April before placing fresh bets. The subsequent move up has the potential to lift the XAG/USD towards the $26.25-$26.30 region en route to the March 2022 swing high, just ahead of the $27.00 round-figure mark.
Silver daily 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
