XAG/USD holds onto gains in one-month highs. The level to beat for bulls is the 16.20 resistance. Silver daily chart After the dramatic selloff to 2009 lows, XAG/USD is bouncing up as the Fed introduced a limitless Quantitative Easing (QE) in addition to the injection of $2.3 trillion in loans. Silver four-hour chart XAG/USD is breaking above 15.50 resistance level while trading above the mains SMAs on the four-hour chart as buyers are extending the bullish move towards the 16.20 and 16.60 levels. Support emerge near the 15.00, 14.50 and 14.00 levels on any retracement. Resistance: 15.50, 16.20, 16.60 Support: 15.00, 14.50, 14.00 Additional key levels FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next IMF: Global economy to contract by 3.0% in 2020 due to coronavirus impacts FX Street 2 years XAG/USD holds onto gains in one-month highs. The level to beat for bulls is the 16.20 resistance. Silver daily chart After the dramatic selloff to 2009 lows, XAG/USD is bouncing up as the Fed introduced a limitless Quantitative Easing (QE) in addition to the injection of $2.3 trillion in loans. Silver four-hour chart XAG/USD is breaking above 15.50 resistance level while trading above the mains SMAs on the four-hour chart as buyers are extending the bullish move towards the 16.20 and 16.60 levels. Support emerge near the 15.00, 14.50 and 14.00 levels on any retracement. … Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
