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XAGUSD News

(5 votes)


Last Updated Date: 21 May 2021 @ 6:57 AM (UTC)
*Please note that all the dates are in GMT time zone

SILVER

Resist: 28.335*, 28.565, 29.40

ST Trend: Sdwys/Up

Supprt: 27.585*-, 26.945*

Obj: 29.40

TRP: 27.585

Comment: The market is short term bullish, still holding a bull formation, hinting for a run to 29.40. Corrective dips should still hold 27.585* to maintain the drive, likely providing a staging level for rallies. A close over 28.335* is friendly. A close under 27.585* marks a short term reversal, but key on a close under 26.945* to open up a sustained selling wave.
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