Silver (XAG/USD) gains positive traction for the fourth straight day on Tuesday and climbs further beyond mid-$25.00s during the first half of the European session, back closer to the YTD peak touched last week.
Silver scales higher for the fourth straight day and spikes to a one-and-half-week high. The technical setup favours bullish traders and supports prospects for additional gains. Any meaningful corrective decline is likely to find decent support near the $25.00 mark. Silver gains positive traction for the fourth straight day on Tuesday and climbs further beyond mid-$25.00s during the first half of the European session, back closer to the YTD peak touched last week.
On the flip side, any meaningful corrective decline is more likely to attract fresh buyers near the $25.00 psychological mark. The next relevant support is pegged near the $24.65 region. A convincing break below the latter could drag the XAG/USD towards the aforementioned resistance-turned-support, around the $24.35 zone, which should act as a key pivotal point.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Silver Price Analysis: XAG/USD moves away from YTD peak, slides below $25.00 markSilver (XAG/USD) remains under some selling pressure for the second successive day on Tuesday and retreats further from the YTD peak, around the $25.45 region touched last week.
Lire la suite »
Silver Price Analysis: XAG/USD bulls retain control near YTD peak, above $25.00 markSilver (XAG/USD) attracts fresh buyers following the previous day's modest slide and sticks to its gains near the YTD peak, above the $25.00 psychological mark through the early part of the European session on Friday.
Lire la suite »
Silver Price Analysis: XAG/USD surges to new YTD highs, buyers’ eye $25.00Silver rallied sharply in the mid-North American session on Wednesday, climbing more than 3.40% amid high US Treasury bond yields, while the Greenback extended its losses by more than 0.20%.
Lire la suite »
Silver Price Analysis: XAG/USD tips top of range and reverses lowerSilver price (XAG/USD) is trading in the $24.750s on Friday, after touching the top of a multi-month range at roughly $25.700 and reversing lower.
Lire la suite »
Silver Price Analysis: XAG/USD hangs near one-week low, just above mid-$24.00sSilver (XAG/USD) extends the previous day's sharp retracement slide from the $25.75-$25.80 region, or its highest level since early December and remains under some selling pressure for the second straight day on Friday.
Lire la suite »
Silver Price Analysis: XAG/USD tumbles as bearish engulfing pattern loomsSilver's price plunged on Thursday amidst a risk-off impulse, reinvigorating the US Dollar.
Lire la suite »