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XAG USD
Silver breaks below 22.86 confirming an impending low
traded lower Thursday and Friday, breaking below the 22.86 support zone (now converted to resistance), signaling an impending lower low on the daily chart. Additionally, the white metal has been trading below short-term…
XAG / USD is at a critical support point around $ 23.00
Silver bears are taking a breather after their sharpest daily decline in three months.
Key support lines from early 2021 to late 2020 call further downward movements into question.
50-DMA protects recovery…
XAG / USD bulls are targeting a breakout of $ 24.00 for new entries
Silver moves higher after crossing the short-term resistance line, now support.
Bullish MACD, trendline breakout favor buyers but 100, 200 SMA confluence provides a strong hurdle to the north.
The three week old…