Silver is still in a bearish mood for the 7th day, eyes on U.S. news today.
What to expect from XAG/USD today? Silver rallied up on the 2nd of Sep till 6th clocking 20.129 Intraday, but then dropped, trading at the moment 18.912.
Trend: downward H5 PP 19.021
first Support S1 18.838 , S2 18.731, S3 18.626, S4 18.561
First resistance R1 19.066 , R2 19.123, R3 19.280, R4 19.379
Remark: Keep updated on economic calendar, today at 1:30 PM GMT, major U.S news will determine is the trend for the coming days.
Disclaimer: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.