XAG/USD is consolidating gains above the $15.00 mark The level to beat for buyers is the 15.80 resistance. Silver daily chart After the dramatic fall to 2009 lows, silver is rebounding up as the Fed launched a limitless Quantitative Easing (QE). However, the metal stays below the main SMAs on the daily chart. Silver four-hour chart XAG/USD recovery stays intact as silver is trading above its 100/200 SMAs on the four-hour chart making higher highs and higher lows. Bulls need a daily close above the 15.80 resistance to open the gates towards the 16.20 and 16.60 levels. Support can be expected near the 15.00, 14.50 and 14.00 levels. Resistance: 15.80, 16.20, 16.60 Support: 15.00, 14.50, 14.00 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 EUR/USD: Momentum remains to the downside FX Street 2 years XAG/USD is consolidating gains above the $15.00 mark The level to beat for buyers is the 15.80 resistance. Silver daily chart After the dramatic fall to 2009 lows, silver is rebounding up as the Fed launched a limitless Quantitative Easing (QE). However, the metal stays below the main SMAs on the daily chart. Silver four-hour chart XAG/USD recovery stays intact as silver is trading above its 100/200 SMAs on the four-hour chart making higher highs and higher lows. Bulls need a daily close above the 15.80 resistance to open the gates towards the 16.20 and 16.60… 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.
