XAG/USD is under heavy selling pressure near the 2009 lows. The level to beat for bears is the 12.00 support. Silver daily chart After the selloff to 2009 lows, XAG/USD is consolidating below the 13.00 figure. However, the metal stays vulnerable to the downside. Silver four-hour chart Silver is trading well below its main SMAs as bears remain in control. The market is pressuring the 12.00 figure. A break below the above-mentioned level might potentially send the metal lower in the near the 11.00 and 10.00 figures. On the flip side, resistance can be expected near the 13.00 and 13.50 levels. Resistance: 13.00, 13.50, 14.00 Support: 12.00, 11.00, 10.00 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 Breaking: USD/JPY surges above 110 amid dollar demand FX Street 2 years XAG/USD is under heavy selling pressure near the 2009 lows. The level to beat for bears is the 12.00 support. Silver daily chart After the selloff to 2009 lows, XAG/USD is consolidating below the 13.00 figure. However, the metal stays vulnerable to the downside. Silver four-hour chart Silver is trading well below its main SMAs as bears remain in control. The market is pressuring the 12.00 figure. A break below the above-mentioned level might potentially send the metal lower in the near the 11.00 and 10.00 figures. On the flip side, resistance can be expected near… 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.
