Silver price (XAG/USD) clings to gains although US Treasury bond yields continued to rise. However, the white-metal, failed to reclaim the 200-day mov
XAG/USD trades at around $22.85, a modest gain of 0.29%. Supports are identified at the psychological level of $22.50, the 50-DMA at $22.85, and the 20-DMA at $22.21. Immediate resistance lies at the 200-DMA at $23.31, with a key hurdle at the recent cycle high of $23.76. ing average , leaving Silver exposed to selling pressure, but at the time of writing, exchanges hands at $22.85, gaining 0.29%.
50 figure after the white metal dropped below the 50=DMA at $22.85. Once those two areas are cleared, the next support would emerge at the 20-DMA at $22.21, followed by the $22.00 mark. Conversely, if XAG/USD climbs past the $23.00 figure, a challenge on the 200-DMA at $23.31 is on the cards. XAG/USD Price Action – Daily chart XAG/USD Technical Levels XAG/USD Overview Today last price 22.86 Today Daily Change 0.06 Today Daily Change % 0.26 Today daily open 22.8 Trends Daily SMA20 22.
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