Global Broker Regulation Inquiry App
WikiFX
English
简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Silver Price Analysis: XAG/USD struggles above $23.00, sellers await 200-SMA break
Abstract：In doing so, the bright metal steps back from a two-week high, flashed the previous day, by justifying the strength of a one-month-old horizontal resistance area surrounding $23.25.
Silver retreats from monthly resistance, snaps four-day uptrend.
RSI conditions hints at buyers exhaustion, three-week-old horizontal line adds to the upside filters.
Silver (XAG/USD) consolidates recent gains around $23.20, down 0.26% intraday during Thursdays Asian session.
Also challenging the XAG/USD bulls are the RSI conditions that dont back the recent highs.
Even so, silver sellers need to wait for a clear downside break of the 200-SMA level of $23.00 for fresh entries.
Following that, 61.8% Fibonacci retracement (Fibo.) of December-January upside, close to $22.65, may test the XAG/USD bears before directing them to the five-week-old support area near $22.00.
Meanwhile, recovery moves beyond the immediate hurdle around $23.25 isnt a green card to the silver buyers as a horizontal line from January 18, near $23.65, will challenge the upside moves to the $24.00 threshold.
Should XAG/USD remains firm past $24.00, its run-up towards January‘s high of $24.70 can’t be ruled out.
Silver: Four-hour chart
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Long
Short
Slippage
Leverage
knowledge
Forex trading
Forex margin
Forex Chart
Forex indicator
Forex Broker
Forex strategy
Forex Currency pair
Forex Analysis
Forex news
leverage in forex
forex pips
Basic forex knowledge
forex market
forex beginners
Read more
Seaprimecapitals Withdrawal Problems: A Complete Guide to Risks and User Experiences
Worries about Seaprimecapitals withdrawal problems and possible Seaprimecapitals withdrawal delay are important for any trader. Being able to get your money quickly and reliably is the foundation of trust between a trader and their broker. When questions come up about this basic process, it's important to look into what's causing them. This guide will tackle these concerns head-on, giving you a clear, fact-based look at Seaprimecapitals' withdrawal processes, user experiences, and trading conditions. Most importantly, we'll connect these real-world issues to the single most important factor behind them: whether the broker is properly regulated. Understanding this connection is key to figuring out the real risk to your capital and making a smart decision.
Original 17h
iFX Brokers Review: Do Traders Face Withdrawal Issues, Deposit Credit Failures & Free Coupon Mess?
Have you had to pay several fees at iFX Brokers? Had your trading profit been transferred to a scamming website, causing you losses? Failed to receive withdrawals from your iFX Brokers trading account? Has your deposit failed to reflect in your trading account? Got deceived in the name of a free coupon? Did the broker officials not help you in resolving your queries? Your problems resonate with many of your fellow traders at iFX Brokers. In this iFX Brokers review article, we have explained these problems and attached traders’ screenshots. Read on!
Original 18h
NinjaTrader Exposed: Why Traders are Calling Out NinjaTrader’s Lifetime Plan & Chart Data
Did NinjaTrader onboard you in the name of the Lifetime Plan, but its ordinary customer service left you in a poor trading state? Do you witness price chart-related discrepancies on the NinjaTrader app? Did you have to go through numerous identity and address proof checks for account approval? These problems occupy much of the NinjaTrader review online. In this article, we have discussed these through complaint screenshots. Take a look!
Original 19h
Questrade Review Pros, Cons and Regulation
Is Questrade legit? Yes—CIRO regulated broker offering stocks, ETFs, forex, CFDs, bonds, and more with low fees and modern platforms.
Original 20h
WikiFX Broker
Latest News
Axi Review: A Data-Driven Analysis for Experienced Traders
WikiFXINZO Regulation and Risk Assessment: A Data-Driven Analysis for Traders
WikiFXPepperstone CEO: “Taking Down Scam Sites Almost Every Day” Becomes “Depressing Daily Business”
WikiFXThe CMIA Capital Partners Scam That Cost a Remisier Almost Half a Million
WikiFXIs Seaprimecapitals Regulated? A Complete Look at Its Safety and How It Works
WikiFXeToro Cash ISA Launch Shakes UK Savings Market
WikiFXCleveland Fed's Hammack supports keeping rates around current 'barely restrictive' level
WikiFXDelayed September report shows U.S. added 119,000 jobs, more than expected; unemployment rate at 4.4%
WikiFXClose Up With WikiFX —— Take A Close Look At Amillex
WikiFXGGCC Bonus and Promotions: A Data-Driven Analysis for Experienced Traders
WikiFXCurrency Calculator
USD
CNY
Current Rate: 0
Amount
USD
Available
CNY
Calculate