empty
 
 

2016.11.0700:24:00UTC+00Fxwirepro: Silver Trades Lower in Early Hours of Asia; Stay Bearish

  • XAG/USD is currently trading around $18.11 marks.
     
  • It made intraday high at $18.26 and low at $18.07 levels.
     
  • Intraday bias remains bearish till the time pair holds immediate resistance at $18.45 marks. 
     
  • A daily close above $18.45 will test key resistances at $18.72/$18.88/$19.25 marks respectively.
     
  • Alternatively, a daily close below $18.32 will take the parity down towards key supports at $17.82/$17.52/$17.33/$17.26/$17.09/$16.92/$16.33/$15.93 marks respectively.

We prefer to go short on XAG/USD around $18.15 with stop loss at $18.45 and target of $18.01/$17.82.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $9000 more!
    In May we raffle $9000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback