Mengonfirmasi Anda bukan dari AS atau Filipina

Dengan memberikan pernyataan ini, saya secara tegas menyatakan dan mengonfirmasikan bahwa:
  • Saya bukan warga negara atau penduduk AS
  • Saya bukan penduduk Filipina
  • Saya, secara langsung maupun tidak langsung, tidak memiliki lebih dari 10% saham/hak suara/kepentingan dari penduduk AS dan/atau tidak mengontrol warga negara atau penduduk AS dengan cara lain
  • Saya tidak berada di bawah kepemilikan langsung atau tidak langsung untuk lebih dari 10% saham/hak suara/kepentingan dan/atau berada di bawah kontrol warga negara atau penduduk AS dengan cara lain
  • Saya tidak berafiliasi dengan warga negara atau penduduk AS dalam hal Bagian 1504(a) dari FATCA
  • Saya menyadari tanggung jawab saya jika membuat pernyataan palsu.
Untuk tujuan pernyataan ini, semua negara dan wilayah dependen AS disamakan dengan wilayah utama AS. Saya berkomitmen untuk membela dan membebaskan Octa Markets Incorporated, direktur dan pejabatnya dari klaim apa pun yang timbul akibat atau terkait dengan pelanggaran apa pun atas pernyataan saya.
Batalkan Konfirmasi
Kami berkomitmen menjaga privasi dan keamanan informasi pribadi Anda. Kami hanya mengumpulkan email untuk menyediakan penawaran khusus dan informasi penting tentang produk dan layanan kami. Dengan memberikan alamat email, Anda setuju untuk menerima surat tersebut dari kami. Jika Anda ingin berhenti berlangganan atau memiliki pertanyaan maupun permasalahan, silakan hubungi Layanan Pelanggan kami.
Konfirmasi
Octa trading broker Mendaftar Masuk
Octa trading broker
Buka akun trading
Berita trading
Back
4 Jan 2024

Silver Price Analysis: XAG/USD seems vulnerable, ascending trend-line breakdown in play

  • Silver consolidates its recent losses to a near three-week low touched on Wednesday.
  • The technical setup favours bearish traders and supports prospects for further losses.
  • Any attempted recovery could be seen as a selling opportunity and remain capped.

Silver (XAG/USD) struggles to gain any meaningful traction on Thursday and oscillates in a narrow trading band around the $23.00 round-figure mark through the first half of the European session. The white metal, meanwhile, remains close to a three-week low touched on Wednesday and seems vulnerable to prolonging the descending trend witnessed over the past week or so.

From a technical perspective, the overnight breakdown and close below an ascending trend-line extending from the October 2023 low was seen as a fresh trigger for bearish traders. Furthermore, oscillators on the daily chart have been gaining negative traction and validate the near-term negative outlook, suggesting that the path of least resistance for the XAG/USD is to the downside.

Hence, a subsequent slide towards testing the December monthly swing low, around the mid-$22.00s, looks like a distinct possibility. The downward trajectory could get extended further towards the next relevant support near the $22.25 region en route to the $22.00 round-figure mark.

On the flip side, the ascending trend-line support breakpoint, around the $23.30-$23.35 area, now seems to act as an immediate strong barrier. Any subsequent move up is likely to attract fresh sellers near the $23.55 zone and remain capped near the $23.80 horizontal barrier. A sustained move beyond might trigger a short-covering rally and lift the XAG/USD beyond the $24.00 mark.

Some follow-through buying will suggest that the recent corrective decline has run its course and lift the XAG/USD further towards the $24.60 area (December 22 high). Bulls might eventually aim back towards reclaiming the $25.00 psychological mark.

Silver daily chart

fxsoriginal

Technical levels to watch

 

Jan 4, 2024

Hong Kong SAR Retail Sales: 15.9% (November) vs 5.6%

Hong Kong SAR Retail Sales: 15.9% (November) vs 5.6%
Baca selengkapnya Previous
Jan 4, 2024

Italy HCOB Services PMI meets forecasts (49.8) in December

Italy HCOB Services PMI meets forecasts (49.8) in December
Baca selengkapnya Next