MAYZUS Daily Technical Levels
XAG/USD – during the day there is a risk of a technical correction
Our turning point is the level of $21.40
Our preference: Sell Silver below the level of $21.40, with the nearest levels being $21.210, $21.050, $20.900.
Alternative scenario: If the resistance level of $21.40 is breached up with success, then Silver could rise to $21.60 and $21.850.
Analysis: The technical indicators gave a signal to sell.
This information is an analytical review of Capital and FX markets. The material presented, and the information contained, is investment research and should in no way be considered as the provision of investment advice for the purposes of Investment Firms Law 144(I)/2007 of the Republic of Cyprus, or any other form of personal advice, which relates to certain types of transactions, with certain types of financial instruments.