XAG/USD is consolidating off the monthly tops. Support can emerge near the 16.80 level. Silver four-hour chart Silver is trading off 10-week tops just below the $17.45 per troy ounce level. Bulls are losing steam as XAG/USD trades below the 50 SMA on the four-hour chart. In this context, a break below the 16.80 support cannot be ruled out. On the other hand, a daily break above the 17.45 level can lead to further upside with 18.20 and 18.80 on the radar. Resistance: 17.45, 18.20, 18.80 Support: 16.80, 15.84, 15.42 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 UK’s Frost: EU has a lot on its plate right now FX Street 3 years XAG/USD is consolidating off the monthly tops. Support can emerge near the 16.80 level. Silver four-hour chart Silver is trading off 10-week tops just below the $17.45 per troy ounce level. Bulls are losing steam as XAG/USD trades below the 50 SMA on the four-hour chart. In this context, a break below the 16.80 support cannot be ruled out. On the other hand, a daily break above the 17.45 level can lead to further upside with 18.20 and 18.80 on the radar. Resistance: 17.45, 18.20, 18.80 Support: 16.80, 15.84, 15.42 Additional key levels 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.
