XAGUSD Tests Major Support

<p>Silver remains under pressure as the dollar index nears a 16-month high. Price action is hovering above the key floor at 23.00 which is also a daily support after November’s breakout above 24.80. This is a test of buyers’ commitment to keeping the rebound relevant. An oversold RSI may attract bargain hunters in this congestion [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/417002-xagusd-tests-major-support/">XAGUSD Tests Major Support</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *