Our team has over 7,000,000 traders!
Every day we work together to improve trading. We get high results and move forward.
Recognition by millions of traders all over the world is the best appreciation of our work! You made your choice and we will do everything it takes to meet your expectations!
We are a great team together!
InstaSpot. Proud to work for you!
Actor, UFC 6 tournament champion and a true hero!
The man who made himself. The man that goes our way.
The secret behind Taktarov's success is constant movement towards the goal.
Reveal all the sides of your talent!
Discover, try, fail - but never stop!
InstaSpot. Your success story starts here!
Silver (XAG/USD) is trading around 30.46 above the 21 SMA and inside the downtrend channel forming since May 28.
Yesterday after reaching the 200 EMA area around 29.40, silver made a strong technical rebound until reaching the top of the downtrend channel but failed to break.
Technically, silver is located above the psychological level of $30.00. So, we believe that if it continues to trade above this area it will extend its rise.
A sharp break of the bearish channel could occur and we could expect the instrument to trade above 7/8 Murray so that the price could reach 8/8 Murray around 31.25 and even the May high at about 32.20.
Conversely, if silver falls below the psychological level of 30.00, it has key support at 29.68 and the 200 EMA around 29.35.
Our trading plan for the next few hours is to buy silver above 30.00, with targets at 30.46 and 31.25. The eagle indicator is giving a positive signal which supports our bullish strategy.
*এখানে পোস্ট করা মার্কেট বিশ্লেষণ আপনার সচেতনতা বৃদ্ধির জন্য প্রদান করা হয়, ট্রেড করার নির্দেশনা প্রদানের জন্য প্রদান করা হয় না।
ইন্সটাফরেক্স বিশ্লেষণমূলক পর্যালোচনাগুলো আপনাকে মার্কেট প্রবণতা সম্পর্কে পুরোপুরি সচেতন করবে! ইন্সটাফরেক্সের একজন গ্রাহক হওয়ায়, দক্ষ ট্রেডিং এর জন্য আপনাকে অনেক সেবা বিনামূল্যে প্রদান করা হয়।
