Tag: The payment

XAG / USD remains vulnerable below the 200-day SMA

XAG / USD remains vulnerable below the 200-day SMA XAG / USD remains vulnerable below the 200-day SMA

Silver saw some selling on Monday and trimmed a portion of last week’s recovery earnings. The setup appears skewed in favor of bearish traders and supports the prospects for further losses. At payment It traded with a slight negative bias during the early American session and was last seen hovering near the lower end of […]

XAG / USD regains some of the ground lost on Tuesday, still below $ 25.00

XAG / USD regains some of the ground lost on Tuesday, still below $ 25.00 XAG / USD regains some of the ground lost on Tuesday, still below $ 25.00

Silver rises on Wednesday and recovers a portion of Tuesday’s losses. The short-term technical bias remains sloping to the downside. Any bullish movement could remain capped near $ 25.00. Silver is rising on Wednesday, although the rebound stalled after hitting the $ 24.80-85 region. The rally helped the commodity to recoup a portion of the […]

XAG / USD falls to four-month lows below $ 24.50

XAG / USD falls to four-month lows below $ 24.50 XAG / USD falls to four-month lows below $ 24.50

Silver is falling more than 2%, while gold remains flat. Mixed US dollar and Treasury yields down. At payment it is down 2.60% on Tuesday after turning decisively lower during the US session. The XAG / USD bottomed at $ 24.48, the lowest level since early April. At the time of writing, the metal remains […]

XAG / USD consolidates in a range above $ 25.00, bearish bias intact

XAG / USD consolidates in a range above $ 25.00, bearish bias intact XAG / USD consolidates in a range above $ 25.00, bearish bias intact

Silver remains confined to a four-day trading range above $ 25.00. The formation of a rectangle could be seen as a bearish continuation pattern. Any recovery attempt is likely to remain limited near the $ 25.65-70 region. At payment it extended its side consolidation price action and remained confined to a narrow trading band, above […]

XAG / USD clings to gains near daily highs around $ 25.30-35

XAG / USD clings to gains near daily highs around $ 25.30-35 XAG / USD clings to gains near daily highs around $ 25.30-35

Silver moved higher on Monday and is closing in on the resistance of the three-day range again. Price action within a range constitutes the formation of a bearish continuation rectangle pattern. A sustained move above the $ 26.00 level is needed to negate the bearish outlook for XAG / USD. Silver maintains its buying tone […]

XAG / USD clings to modest gains near $ 25.00, not out of the woods yet

XAG / USD clings to modest gains near $ 25.00, not out of the woods yet XAG / USD clings to modest gains near $ 25.00, not out of the woods yet

Silver saw a modest recovery from the lows of more than three months touched earlier this Wednesday. The technical setup still favors bearish traders and supports further loss prospects. At payment posted a good intraday bounce from the $ 24.75 area, or the lowest level since April 13 touched this Wednesday. The commodity maintained its […]

XAG / USD consolidates above $ 25.00, bearish bias remains

XAG / USD consolidates above $ 25.00, bearish bias remains XAG / USD consolidates above $ 25.00, bearish bias remains

Silver is consolidating the sharp drop of the previous day to lows of more than three months. The technical setup favors the bears and supports the prospects for further losses. The break point of the confluence support at $ 25.70-65 could limit any recovery attempts. Silver remains trapped within a range above the $ 25.00 […]

XAG / USD jumps to week-long highs, approaching $ 26.50

XAG / USD jumps to week-long highs, approaching $ 26.50 XAG / USD jumps to week-long highs, approaching $ 26.50

Silver caught new deals on Wednesday and jumped to highs of more than a week in the past hour. A sustained move beyond the $ 26.25-30 region could have laid the foundation for further gains. The confluence support at $ 25.75-70 should now act as a solid short-term foundation for the metal. At payment It […]

XAG / USD returns initial earnings, still comfortable above $ 26.00

XAG / USD returns initial earnings, still comfortable above $ 26.00 XAG / USD returns initial earnings, still comfortable above $ 26.00

Silver is struggling to hold onto its modest initial gains at four-day highs. Mixed technical indicators warrant some caution for the bulls. Silver has moved higher during the first half of trading action on Tuesday and has soared to four-day highs around the $ 26.35 region at the start of the European session on Tuesday. […]

XAG / USD slides below the $ 26.00 level

XAG / USD slides below the $ 26.00 level XAG / USD slides below the $ 26.00 level

The avocado finds new sales near the region of $ 26.25-30 on the first day of the week. The technical setup supports prospects for an eventual break below the $ 25.75-70 confluence area. A sustained force beyond the 38.2% Fibonacci is necessary to negate the negative outlook. Silver has struggled to capitalize on its initial […]