Silver ( XAGUSD ) is still in the sideways move since mid-2021 ,Silver is trying hard every time to penetrate the resistance levels especially the 50 EMA line
Today the Silver (XAGUSD) is trying to close above the 50 EMA line for the first time in February . if the Silver ( XAGUSD ) can close above the 23.08 level it will be a buy signal and the next resistance levels will be 23.6 and 24.44 which is the main short term resistance level (200MA blue line).
Today the Silver (XAGUSD) is trying to close above the 50 EMA line for the first time in February . if the Silver ( XAGUSD ) can close above the 23.08 level it will be a buy signal and the next resistance levels will be 23.6 and 24.44 which is the main short term resistance level (200MA blue line).
Komentarz:
as we mentioned in the report the Silver XAGUSD has tested and penetrated the resistance level of 23.6 and it will try to test the next level of 24.44