The legend in the InstaSpot team!
Legend! You think that's bombastic rhetoric? But how should we call a man, who became the first Asian to win the junior world chess championship at 18 and who became the first Indian Grandmaster at 19? That was the start of a hard path to the World Champion title for Viswanathan Anand, the man who became a part of history of chess forever. Now one more legend in the InstaSpot team!
Borussia is one of the most titled football clubs in Germany, which has repeatedly proved to fans: the spirit of competition and leadership will certainly lead to success. Trade in the same way that sports professionals play the game: confidently and actively. Keep a "pass" from Borussia FC and be in the lead with InstaSpot!
Silver continues its bullish momentum, attracting buyers on pullbacks from the $32.00 psychological level. The metal has now posted gains for three consecutive days, reaching a new weekly high and breaking above the $33.00 mark.
A sustained close above $32.65 has confirmed a breakout from the short-term trading range, favoring bullish traders. Positive oscillators on the daily chart reinforce the uptrend, supporting the potential for further gains. However, some consolidation may occur as indicators near overbought territory.
Silver appears poised to target last Friday's swing high near $33.40 before attempting to reclaim the $34.00 psychological level. If the bullish momentum persists, XAG/USD could challenge intermediate resistance at $34.45, potentially extending the rally toward $35.00 or even multi-year highs last seen in October.
In such a scenario, silver prices could accelerate toward the 100-day SMA, currently around $31.20, before testing the $31.00 psychological level. Continued weakness may drive XAG/USD lower toward support near $30.25, with intermediate levels at the 50-day and 200-day SMAs. A further decline could push prices to $30.00, with strong support around $29.55–$29.50.
*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।
