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  • Silver sideways action near $15.00/oz key level stays intact.
  • Investors are waiting for a catalyst before committing. 
 
 

Silver four-hour chart 

 
XAG/USD remains sidelined near $15.00/oz just below the 100 SMA but above the 50 and 200 SMAs on the four-hour chart. The picture is mixed with market players awaiting for a catalyst. A daily close below the 14.50 support would attract further selling. On the flip side, a break above 15.43 could lead to more bullish traction. 
 
 
 
Resistance: 15.43, 15.85, 16.50
Support: 14.50, 13.90, 13.25
 

 

Additional key levels