FUND Buy 17.06.2021 08:58
XAG/USD: silver prices show active growth
Silver prices are showing quite active gains during the Asian session, recouping losses of Wednesday after the publication of the minutes of the US Fed meeting, which provoked a strong rise in USD across the entire spectrum of the market.
FUND Buy 16.06.2021 10:04
XAG/USD: growth in demand for silver is predicted
The price of silver contracts is moving in an uptrend amid stabilization in global demand, trading at the level of $27.7 per ounce.
TECH Buy 15.06.2021 07:42
XAG/USD: wave analysis
The pair may grow.
On the daily chart, the first wave of the higher level (1) of 3 formed, a downward correction developed as the wave (2) of 3, and the formation of the wave (3) of 3 started. Now, the first wave of the lower level i of 1 of (3) has formed, and the development of the correctional wave ii of 1 is ending. If the assumption is correct, after the end of the correction, the price will grow to the levels of 29.98–31.50. In this scenario, critical stop loss level is 26.19.