XAG/USD, D1
On the daily chart, the instrument is traded between the upper border and the middle line of Bollinger bands. MACD histogram is in the zero line area, keeping the minimum volume, the signal line is directed horizontally. Stochastic is in the neutral zone, the oscillator lines are directed upwards.
XAG/USD, H4
On the 4-hour chart, the instrument drops toward the midline of Bollinger bands. MACD histogram is in the positive area, keeping a signal to open long positions. Stochastic crossed the border of the overbought area downwards.
Key Levels
Resistance levels: 16.60, 16.67, 16.80, 16.90, 17.00, 17.10.
Support levels: 16.50, 16.41, 16.35, 16.27, 16.20, 16.10, 16.00.
Trading tips
Short positions can be opened from the current level with the target at 16.27 and stop loss 16.67.
Long positions can be opened from the level of 16.70 with the target at 17.10 and stop loss 16.50.
Implementation period: 3–5 days.
Spot Silver
Buy Sell Spread
16.723 16.663 60
Scenario
Timeframe Day's Range
Recommendations SELL
Entry Point 16.57
Take Profit 16.27
Stop Loss 16.67
Support levels 16.00, 16.10, 16.20, 16.27, 16.35, 16.41, 16.50, 16.60, 16.67, 16.80, 16.90, 17.00, 17.10
Alternative scenario
Recommendations BUY STOP
Entry Point 16.70
Take Profit 17.10
Stop Loss 16.50
Support levels 16.00, 16.10, 16.20, 16.27, 16.35, 16.41, 16.50, 16.60, 16.67, 16.80, 16.90, 17.00, 17.10
On the daily chart, the instrument is traded between the upper border and the middle line of Bollinger bands. MACD histogram is in the zero line area, keeping the minimum volume, the signal line is directed horizontally. Stochastic is in the neutral zone, the oscillator lines are directed upwards.
XAG/USD, H4
On the 4-hour chart, the instrument drops toward the midline of Bollinger bands. MACD histogram is in the positive area, keeping a signal to open long positions. Stochastic crossed the border of the overbought area downwards.
Key Levels
Resistance levels: 16.60, 16.67, 16.80, 16.90, 17.00, 17.10.
Support levels: 16.50, 16.41, 16.35, 16.27, 16.20, 16.10, 16.00.
Trading tips
Short positions can be opened from the current level with the target at 16.27 and stop loss 16.67.
Long positions can be opened from the level of 16.70 with the target at 17.10 and stop loss 16.50.
Implementation period: 3–5 days.
Spot Silver
Buy Sell Spread
16.723 16.663 60
Scenario
Timeframe Day's Range
Recommendations SELL
Entry Point 16.57
Take Profit 16.27
Stop Loss 16.67
Support levels 16.00, 16.10, 16.20, 16.27, 16.35, 16.41, 16.50, 16.60, 16.67, 16.80, 16.90, 17.00, 17.10
Alternative scenario
Recommendations BUY STOP
Entry Point 16.70
Take Profit 17.10
Stop Loss 16.50
Support levels 16.00, 16.10, 16.20, 16.27, 16.35, 16.41, 16.50, 16.60, 16.67, 16.80, 16.90, 17.00, 17.10