- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- Silver Price Analysis: XAG/USD stabilizes above $23 as Middle East conflicts strengthen safe-haven bet
Silver Price Analysis: XAG/USD stabilizes above $23 as Middle East conflicts strengthen safe-haven bet
- Silver price seems comfortable above $23.00 as Israel-Palestine conflicts deepen.
- Joe Biden remained ‘loud and clear’ that the US stands with Israel.
- Silver trades in a Rising Channel pattern in which each pullback is considered a buying opportunity.
Silver price (XAG/USD) shifts auction above the crucial resistance of $23.00, which has turned into support for bulls. The white metal strengthens as deepening conflicts between Israel and Palestine have strengthened the appeal for safe-haven assets.
The S&P500 opens on a bearish note amid a cautious market mood. The visit of US President Joe Biden to Israel has escalated fears of an intervention by Iran in the Israel-Palestine tensions. Joe Biden remained ‘loud and clear’ that the US stands with Israel. Also, Biden confirmed that the hospital in Gaza was bombed by Palestine, not by Israel.
Meanwhile, the US Dollar Index (DXY) seems well-supported near 106.00 as the United States economy is resilient despite headwinds of higher interest rates. The US Retail Sales rose by 0.7% in September while investors forecasted a growth by 0.3%. In August, the retail demand rose by 0.9%. US Census Bureau noticed that demand for automobiles and dining out remained upbeat.
For further guidance, investors will focus on the speech from Federal Reserve (Fed) Chair Jerome Powell, which is scheduled for Thursday. The guidance from Jerome Powell on the interest rates will be keenly watched.
Silver technical analysis
Silver trades in a Rising Channel chart pattern in which each pullback is considered as a buying opportunity by the market participants. Upward-sloping 20-period Exponential Moving Average (EMA) at around $23.00 indicates that the short-term trend is bullish. Horizontal resistance is plotted from September 22 high at $23.76.
The Relative Strength Index (RSI) (14) shifts into the bullish range of 60.00-80.00, which warrants more upside ahead.
Silver two-hour chart
-638332353261430669.png)
© 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
