Silver is on the offer, drifting lower following a daily spike. Bears can target an hourly 38.2% or a daily 38.2% deeper down the bullish impulse. XAG/USD is giving up some ground made on the day as the New York session comes to a close on profit-taking. A quiet Asian session could leave the downside exposed for a drift lower before European traders come online. A near term target for the bears coincides with the daily 38.2% Fibonacci retracement of the bullish impulse that meets the prior resistance at the round $25.50 psychological level. On the hourly chart, the 38.2% Fibo is somewhat higher: 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 EUR/USD Price Analysis: Thursday’s bearish spinning top below 1.2000 probes buyers FX Street 2 years Silver is on the offer, drifting lower following a daily spike. Bears can target an hourly 38.2% or a daily 38.2% deeper down the bullish impulse. XAG/USD is giving up some ground made on the day as the New York session comes to a close on profit-taking. A quiet Asian session could leave the downside exposed for a drift lower before European traders come online. A near term target for the bears coincides with the daily 38.2% Fibonacci retracement of the bullish impulse that meets the prior resistance at the round $25.50 psychological level. On the hourly chart,… 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.
