Silver price tumbled more than 2% on Thursday as economic data from the United States showed that business activity is faring well amid a high interest rates economy.
Silver falls 2.18%, trading at $30.10, as strong US business activity data impacts the market. Key support levels: $30.00 psychological level, April 12 high at $29.79, and $29.00. Additional support at May 18, 2021, high of $28.74 and June 10, 2021, high of $28.28. At the time of writing, the XAG/USD trades at $30.10, down 2.18%. XAG/USD Price Analysis: Technical outlook Silver ’s uptrend remains intact, but the rapid and strong movement has led to a mean reversion.
If further weakness occurs, the next support level would be the April 12 high, now turned support, at $29.79, followed by $29.00. Additional key support levels include the May 18, 2021, high at $28.74, and the June 10, 2021, high at $28.28. XAG/USD Price Action – Daily Chart XAG/USD Overview Today last price 30.12 Today Daily Change -0.66 Today Daily Change % -2.14 Today daily open 30.78 Trends Daily SMA20 28.43 Daily SMA50 27.28 Daily SMA100 25.13 Daily SMA200 24.
XAGUSD Technical Analysis Silver
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: Silver price could be forming a Bear Flag price patternSilver (XAG/USD) price may have formed a Bear Flag pattern on the 4-hour chart which bodes ill for the precious metal’s price going forward.
Lire la suite »
Silver Price Analysis: Silver price forming a Bear Flag price patternSilver (XAG/USD) price may have formed a Bear Flag pattern on the 4-hour chart with negative implications for the precious metal’s price going forward.
Lire la suite »
Silver Price Analysis: XAG/USD dips slightly, remains bullish above $27.00Silver's price edged down late during Monday’s North American session.
Lire la suite »
Silver Price Analysis: XAG/USD plunges over 3%, back beneath $27.00Silver's price dropped sharply late in the North American session, as the Greenback staged a comeback bolstered by the rise in US Treasury yields.
Lire la suite »
Silver Price Analysis: XAG/USD’s uptrend remains intact, as bullish harami loomsSilver's price stayed firm at around $26.64 after the Fed decided to hold rates unchanged and Powell’s press conference.
Lire la suite »
Silver Price Analysis: XAG/USD retreats amid strong US DollarSilver price slid late in the North American session due to overall US Dollar strength across the board amid falling US Treasury yields.
Lire la suite »