XAG/USD is trading off 2020 lows near its lowest since 2009. The level to beat for sellers is the 12.00 support. Silver daily chart After the dramatic fall to 2009 lows, XAG/USD is consolidating below the 13.00 figure. However, silver stays vulnerable to the downside. Silver four-hour chart XAG/USD is trading well below the main SMAs as remain in control. The market is challenging the 12.00 figure. A break below the above-mentioned level could send the metal lower in the vicinities of the 11.00 and 10.00 figures. On the other hand, 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 Coronavirus update: US cases jump 66%, UK death toll up 48%, Lombardy deaths rise 20% FX Street 2 years XAG/USD is trading off 2020 lows near its lowest since 2009. The level to beat for sellers is the 12.00 support. Silver daily chart After the dramatic fall to 2009 lows, XAG/USD is consolidating below the 13.00 figure. However, silver stays vulnerable to the downside. Silver four-hour chart XAG/USD is trading well below the main SMAs as remain in control. The market is challenging the 12.00 figure. A break below the above-mentioned level could send the metal lower in the vicinities of the 11.00 and 10.00 figures. On the other hand, 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.
