$XAG
Silver Is Sitting Right at a Key Decision Zone
#XAG is trading inside a tight range with price hovering just below the 68.71 MA(7) and 68.81 MA(25) which are now acting as overhead resistance while the 99-day MA at 68.85 adds to that ceiling The 6751 low from the recent pullback is the immediate support to defend and a breakdown below that level could open a move toward 6645 and 6517 while a strong push above 6982 would suggest buyers are regaining control of the trend
Silver Is Sitting Right at a Key Decision Zone
#XAG is trading inside a tight range with price hovering just below the 68.71 MA(7) and 68.81 MA(25) which are now acting as overhead resistance while the 99-day MA at 68.85 adds to that ceiling The 6751 low from the recent pullback is the immediate support to defend and a breakdown below that level could open a move toward 6645 and 6517 while a strong push above 6982 would suggest buyers are regaining control of the trend