Silver Price Analysis: XAG/USD bounces off one-month-old support to prod 50-SMA above $25.00 Silver XAGUSD Technical Analysis ChartPatterns SupportResistance
Silver price grinds higher after snapping two-day downtrend, taking a U-turn from one-month-old ascending trend line.
That said, the receding strength of the bearish MACD signals and steady RSI can offer a tailwind to the recent recovery moves of the XAG/USD and allow it to cross the immediate hurdle, namely the 50-SMA level surrounding $25.25. Also acting as an upside filter is the latest swing high of $26.06, also the highest level since April 2022.
On the flip side, the downside break of the aforementioned one-month-old upward-sloping support line, around $25.00 by the press time, restricts the immediate downside of the Silver price.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Silver Price Analysis: XAG/USD holds steady above $25.00 mark, bullish potential intactSilver edges higher during the early European session on Tuesday and looks to build on the overnight modest bounce from the $24.80 area, or a one-week
Weiterlesen »
Silver Price Analysis: XAG/USD sticks to gains around $25.40 area, bullish potential intactSilver attracts fresh buying on the first day of a new week and reverses a part of Friday's retracement slide from levels just above the $26.00 mark,
Weiterlesen »
Silver Price Analysis: Further XAG/USD downside hinges on $24.85 breakSilver price (XAG/USD) remains pressured at the $25.00 threshold, down for the third consecutive day during early Tuesday in Asia. In doing so, the br
Weiterlesen »
Amazon's pricey spy drama 'Citadel' to get $25-million California tax creditAmazon's second season of 'Citadel' will relocate to California from Britain, securing a $25 million tax credit for the tech company.
Weiterlesen »
Silver bulls are lining up as the US Dollar hits a 61.8% Fibo areaSpot silver XAG/USD fell to $24.8090 per ounce on Monday but has since recovered some ground to $24.9816 currently but remains well below the highs of
Weiterlesen »
Get Thick, Natural-Looking Eyebrows With This $25 Deal on 2 Top-Selling Too Faced Products - E! OnlineGet the brows you've been dreaming of with this 50% off deal on Too Faced products.
Weiterlesen »