Cyber Monday Deal: Up to 60% off InvestingProCLAIM SALE

Silver In Bearish Mood For 7th Day

Published 09/15/2016, 08:14 AM
Updated 03/09/2019, 08:30 AM
XAG/USD
-
SI
-

Silver is still in a bearish mood for the 7th day, eyes on U.S. news today.
XAG/USD Chart

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.

Latest comments

Loading next article…
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.