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  • XAGUSD - Silver to US Dollar
XAGUSD

XAGUSD XAG/USD

Silver to US Dollar

%
Today
Trading schedule (UTC0) -
 Open Now
Closes on Friday at 21:55

Open

Close

High

Low

Day’s range

52wk range

-
Short swap -2
Sell
Long swap -2.5
Buy
Min spread
0.007
Avg spread
0
Current spread

Silver to US Dollar

By date
  • By date
  • Metadoro first
03.03.2023 In-house analytics

Silver prices have reached an important support zone of $20.50 per ounce forming a potential reversal sign. However, it is too early to consider it as such. The current price of $21.1 is essentially a test zone for an upward correction. The decline may be resumed after it hits the downside target of $19.84. On Friday, March 3, the price is testing the 200 EMA on the H1 chart. If we get a rollback down from this range on the H1 - H4 timeframes, then short trades with the target at $19.84 would be appropriate. These considerations are based on Fibonacci levels and the moving average of the RSI indicator with a period of 14. In addition, the market could stay at strong levels - both support and resistance -  for several days or several weeks, as the case was in December last year.

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Details
Account Type
CFD Trading: MetaTrader 5
CFD Trading: MetaTrader 5
CFD Trading: MetaTrader 4
Commission 11 USD
Trading schedule (UTC0)
Open Now Closes on Friday at 21:55
Sunday 23:05 - Monday 21:55
Monday 23:05 - Tuesday 21:55
Tuesday 23:05 - Wednesday 21:55
Wednesday 23:05 - Thursday 21:55
Thursday 23:05 - Friday 21:55
This shows the opening hours in your local time zone (UTC0)
Ticker XAGUSD XAG/USD
Contract value 5000 Tr.Oz.
Maximum leverage 1:100
Swaps history
Loading
Date Short Swap (%) Long Swap (%)
Minimum transaction volume 0.01 lot
Maximum transaction volume 100 lots
Hedging margin 50%

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