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 bounces off 21-DMA to snap three-day downtrend.
Abstract：Silver (XAG/USD) prices keep the U-turn from 21-DMA while teasing $25.00 during Wednesdays Asian session. In doing so, the bright metal recovers from a fortnight low, marked the previous day, to print the first positive day in four.
Silver consolidates recent losses near two-week low, hovers around intraday high of late.
Upbeat RSI, sustained U-turn from short-term key moving average favor buyers.
Previous support line from early February tests recovery moves, 200-DMA appears tough nut to crack for sellers.
Given the quotes successful bounce off the short-term DMA and the above-50 RSI line, XAG/USD may extend the latest rebound towards 50% Fibonacci retracement (Fibo.) of May-October 2021 downside, near $25.10.
However, the support-turned-resistance line from February 03, near $25.35 by the press time, will challenge the commodity bulls afterward.
Even if the silver buyers manage to cross the $25.35 hurdle, the 61.8% Fibo. will precede the monthly high, respectively around $25.95 and $26.95, to challenge the further upside.
Alternatively, a daily closing below the 21-DMA level of $24.90 will drag the XAG/USD prices to the 38.2% Fibonacci retracement level of $24.20.
Though, the 200-DMA, around $24.00 by the press time, will challenge the bullions additional declines.
Silver: Daily chart
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
Leverage
Slippage
Learn basic forex
knowledge
Forex trading
Forex margin
Forex Chart
Forex indicator
support and resistance
Forex Broker
Forex strategy
Forex Currency pair
Forex Analysis
leverage in forex
Forex news
Basic forex knowledge
forex pips
forex market
forex beginners
FSCA
Read more
Check Yourself: The Costly Trading Habits Every Trader Must Fix
Are the trading habits you barely notice the very ones quietly destroying your profits, and could a single overlooked mistake be costing you far more than you realise?
Original 17h
Scandinavian Capital Markets Exposed: Traders Cry Foul Play Over Trade Manipulation & Fund Scams
Does Scandinavian Capital Markets stipulate heavy margin requirements to keep you out of positions? Have you been deceived by their price manipulation tactic? Have you lost all your investments as the broker did not have risk management in place? Were you persuaded to bet on too risky and scam-ridden instruments by the broker officials? These are some burning issues traders face here. In this Scandinavian Capital Markets review guide, we have discussed these issues. Read on to explore them.
Original 18h
Deriv Withdrawal Issues: Real Client Cases Exposed
Deriv exposed via client cases of withdrawal issues, 13‑month refund delays, severe slippage, and disabled accounts despite multiple “regulated” licenses.
Original 18h
Uniglobe Markets Deposits and Withdrawals Explained: A Data-Driven Analysis for Traders
For any experienced trader, the integrity of a broker isn't just measured in pips and spreads; it's fundamentally defined by the reliability and transparency of its financial operations. The ability to deposit and, more importantly, withdraw capital seamlessly is the bedrock of trust between a trader and their brokerage. When this process is fraught with delays, ambiguity, or outright failure, it undermines the entire trading relationship. This in-depth analysis focuses on Uniglobe Markets, a broker that has been operational for 5-10 years and presents itself as a world-class trading partner. We will move beyond the marketing claims to scrutinize the realities of its funding mechanisms. By examining available data on Uniglobe Markets deposits and withdrawals, we aim to provide a clear, evidence-based picture for traders evaluating this broker for long-term engagement. Our investigation will be anchored primarily in verified records and user exposure reports to explain the Uniglobe Mar
Original 19h
WikiFX Broker
Latest News
CFTC Polymarket Approval Signals U.S. Relaunch 2025
WikiFXMH Markets Commission Fees and Spreads Analysis: A Data-Driven Breakdown for Traders
WikiFXAlpha FX Allegations: Traders Claim Account Blocks, Withdrawal Denials and Security Breaches
WikiFXHow to Become a Profitable Forex Trader in Pakistan in 2025
WikiFXGratitude Beyond Borders: WikiFX Thank You This Thanksgiving
WikiFXKEY TO MARKETS Review: Are Traders Facing Withdrawal Delays, Deposit Issues & Trade Manipulation?
WikiFXFCA Consumer Warning – FCA Warning List 2025
WikiFXZipphy Exposed: No Valid Regulation, Risk Warning
WikiFXAustralia’s Fraud-Intel Network Exposes $60M in Scams
WikiFXRM104.9 Million Gone: Why Hundreds Are Demanding a Full MACC Investigation
WikiFXCurrency Calculator
USD
CNY
Current Rate: 0
Amount
USD
Available
CNY
Calculate