MAYZUS Daily Technical Levels
XAG/USD – Growth is possible
Our turning point is the level of $20.25
Our preference: Buy Silver above the level of $20.45, with the nearest levels being $20.70, and $21.00.
Alternative scenario: If the support level of $20.25 is breached down with success, then Silver could drop to $20.00 and $19.85.
Analysis: The technical indicators will give a signal to buy Silver soon.
Please note that this information is an analytical review of Capital and FX markets. The material presented, and the information contained, is investment research and should in no way be considered as the provision of investment advice for the purposes of Investment Firms Law 144(I)/2007 of the Republic of Cyprus, or any other form of personal advice, which relates to certain types of transactions, with certain types of financial instruments.