XAG/USD grinds up as the market trades in one-month highs. The level to beat for bulls is the 15.50 resistance. Silver daily chart Following the drop to 2009 lows, XAG/USD is rebounding up as the Fed introduced a limitless Quantitative Easing (QE) as well as the injection of $2.3 trillion in additional loans while US jobless claims grew to 6.6 million. Silver four-hour chart XAG/USD is hovering below the 15.50 level while trading above the mains SMAs on the four-hour chart as bulls are likely looking to extend the bull-run towards the 16.20 and 16.60 levels. Support could be expected near the 15.00, 14.50 and 14.00 price levels on any pullbacks. 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 Gold Price Analysis: Climbs to 1-month tops, inching closer to $1700 mark FX Street 2 years XAG/USD grinds up as the market trades in one-month highs. The level to beat for bulls is the 15.50 resistance. Silver daily chart Following the drop to 2009 lows, XAG/USD is rebounding up as the Fed introduced a limitless Quantitative Easing (QE) as well as the injection of $2.3 trillion in additional loans while US jobless claims grew to 6.6 million. Silver four-hour chart XAG/USD is hovering below the 15.50 level while trading above the mains SMAs on the four-hour chart as bulls are likely looking to extend the bull-run towards the 16.20 and 16.60 levels.… Top 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.
