Global Broker Regulation Inquiry App
WikiFX
English
简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Silver Price Analysis: XAG/USD crosses support-turned-resistance above $23.00
Abstract：Silver (XAG/USD) takes the bids to renew daily high around $23.25 during Thursdays Asian session.
Silver: Daily chart
Silver refreshes intraday high during two-day rebound, crosses short-term hurdle.
RSI rebound from oversold territory adds to the bullish bias targeting 200-DMA.
Bears need validation from 78.6% Fibonacci retracement to retake control.
In doing so, the bright metal pierces the previous support line from late 2021 while extending Wednesdays rebound from 78.6% Fibonacci retracement of (Fibo.) of an upside from December 2021 to March 2022.
Given the RSI rebound from the nearly oversold territory also favoring the buyers, XAG/USD is up for challenging the 200-DMA level surrounding $23.75. However, 61.8% Fibo. near $23.55, will test the immediate upside momentum.
Should the bullion prices rally beyond $23.75, Marchs low around $24.00 will act as the last defense of bears.
On the flip side, pullback moves remain elusive until staying beyond the aforementioned support-turned-resistance line, at $23.05 by the press time.
Following that, the 78.6% Fibonacci retracement level near $22.55 and the monthly low near $22.10 could lure the silver bears.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Long
Short
Slippage
Leverage
Indicator
BOE
PBOC
Volume
Liquidity
Margin
knowledge
RokingLTD
Learn basic forex
Forex trading
Forex margin
Forex Chart
Forex indicator
support and resistance
Forex Broker
Forex strategy
Forex Currency pair
Forex Analysis
Forex news
leverage in forex
forex pips
Basic forex knowledge
forex beginners
forex market
FSCA
mortgage-backed securities
monetary policy
interest rates
inflationary
Non-farm payrolls
Ramadan
Related broker
Read more
Seacrest Markets Exposed: Are You Facing Payout Denials and Spread Issues with This Prop Firm?
Seacrest Markets has garnered wrath from traders owing to a variety of reasons, including payout denials for traders winning trading challenges, high slippage causing losses, the lack of response from the customer support official to address withdrawal issues, and more. Irritated by these trading inefficiencies, a lot of traders have given a negative review of Seacrest Markets prop firm. In this article, we have shared some of them. Take a look!
Original 6h
GKFX Review: Are Traders Facing Slippage and Account Freeze Issues?
Witnessing capital losses despite tall investment return assurances by GKFX officials? Do these officials sound too difficult for you to judge, whether they offer real or fake advice? Do you encounter slippage issues causing a profit reduction on the GKFX login? Is account freezing usual at GKFX? Does the United Kingdom-based forex broker prevent you from accessing withdrawals? You are not alone! In this GKFX review guide, we have shared the complaints. Take a look!
Original 7h
Is Seaprimecapitals Regulated? A Complete Look at Its Safety and How It Works
The straightforward answer to this important question is no. Seaprimecapitals works as a broker without proper regulation. This fact is the most important thing any trader needs to know, because it creates serious risks for your capital and how safely the company operates. While this broker offers some good features, like the popular MetaTrader 5 platform and a low starting deposit, these benefits cannot make up for the major risks that come from having no real financial supervision. This article will give you a detailed, fact-based look at Seaprimecapitals regulation, what the company claims to do, the services it provides, and the clear differences between official information and user reviews. Our purpose is to give you the information you need to make a smart decision about the risks and benefits of working with this company.
Original 8h
Major Complaints of MUFG Broker in 2025 You Shouldn’t Ignore
2025 is about to end, and if you still want to be a trader or investor and are looking for a broker to invest with. It is important to read real user complaints first. This will help you understand the kind of problems users are facing with MUFG broker. In this article, we will tell you about the major complaints users have reported about MUFG in 2025, so you know what to watch out for. Do not ignore this MUFG broker article and understand the problems.
Original 8h
WikiFX Broker
Latest News
CQG Partners with Webull Singapore to Power the Broker’s New Futures Trading Offering
WikiFX【WikiEXPO Global Expert Interviews】Ashish Kumar Singh: Building a Responsible and Interoperable Web3
WikiFXIEXS Review 2025: A Complete Expert Analysis
WikiFXCySEC Flags 21 Unauthorized Broker Websites in 2025 Crackdown
WikiFXIEXS Regulation: A Complete Guide to Its Licenses and Safety Warnings
WikiFXWinproFx Withdrawal Problems: A Complete Look at Delays and User Reports
WikiFXDoes WealthFX Generate Wealth or Losses for Traders? Find Out in This Review
WikiFXFONDEX Review: Do Traders Really Face Inflated Spreads & Withdrawal Issues?
WikiFXFXPrimus Review: Is FXPrimus Regulated and Reliable for 2025?
WikiFXSimulated Trading Competition Experience Sharing
WikiFXCurrency Calculator
USD
CNY
Current Rate: 0
Amount
USD
Available
CNY
Calculate