Silver climbed during the North American session, gaining more than 0.60% amid thin trading liquidity conditions. Wall Street remained closed in observance of the Juneteenth holiday. The XAG/USD trades at $29.71 after hitting a daily low of $29.35.
The grey metal remains neutral to upward bias, despite diving from year-to-date (YTD) highs reached at $32.51, below the $30.00 figure. Silver seems to have bottomed after hitting a monthly low of $28.66; since then, XAG/USD edged higher, and it’s shy of challenging the $30.00 mark.
Momentum shows that neither buyers nor sellers are in charge, as the Relative Strength Index (RSI) hovers around the 50-neutral line.
The most likely scenario would be a bullish continuation if XAG/USD buyers reclaim $30.00, which could reignite Silver’s rally and pave the way for further upside. The next resistance level would be the June 12 high at $30.25, followed by the month-to-date (MTD) high of $31.54, the June 7 peak. A breach of the latter will expose the YTD high of $32.51.
On the other hand, if XAG/USD sellers drag spot prices below the 50-day moving average (DMA) at $29.05, it will expose $29.00. Once cleared, that could expose the MTD low of $28.66, ahead of plunging toward the 100-DMA at $26.60.
© 2000-2024. 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.