Silver
XAGUSD31.214USD
Today
+1.41%
1 Week
+2.82%
1 Month
-10.11%
6 Months
+1.11%
Year to Date
+31.13%
1 Year
+31.89%
Key Data Points
Opening Price
30.768Previous Closing Price
30.779Indicators
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
Silver Trading Strategy
Trading Strategy
Long positions above 30.90 with targets at 31.40 & 31.63 in extension.
Alternative scenario
below 30.90 look for further downside with 30.80 & 30.62 as targets.
Comment
long positions above 30.90 with targets at 31.40 & 31.63 in extension.
Silver News
Silver Price Forecast: XAG/USD surges above $31.00 as US yields fall
Silver price recovered some ground on Friday and reclaimed the $31.00 a troy ounce, boosted by falling US Treasury bond yields and despite a firm US Dollar.
A (local) peak in Gold is now imminent – TDS
The downturn in Gold prices underscored by sharp liquidations from macro funds lined up exceptionally well with historical patterns surrounding drawdowns associated with macro fund liquidations from extreme levels, averaging between 7-10% over the last decade, TDS’ Senior Commodity Strategist Daniel Ghali notes.
The recovery rally in the Gold market is likely to take a breather – Commerzbank
The Gold price has also recovered more than half of its losses since the end of October and is once again trading at $2,700 per troy ounce, Commerzbank’s commodity analyst Barbara Lambrecht notes.
Silver Price Forecast: XAG/USD aims to stabilize above $31 amid firm safe-haven bid
Silver price (XAG/USD) strives to establish above $31.00 in Friday’s European session.
Silver price today: Silver rises, according to FXStreet data
Silver prices (XAG/USD) rose on Friday, according to FXStreet data.
Silver Price Forecast: XAG/USD bounces back to near $31.00 due to safe-haven flows
Silver price (XAG/USD) retraces its recent losses, trading around $31.00 per troy ounce during the Asian hours on Friday.
More Details of Silver
