Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Precious Metal»XAG/USD edges higher toward $32.00 barrier near 14-day EMA
    Precious Metal

    XAG/USD edges higher toward $32.00 barrier near 14-day EMA

    February 26, 20254 Mins Read


    • Silver price may face initial resistance at the 14-day EMA near $32.12.
    • Daily chart analysis suggests a growing bearish outlook, as the metal remains below the ascending channel.
    • The initial support appears at the psychological level of $31.00.

    Silver price (XAG/USD) halts its three-day losing streak, trading near $31.80 per troy ounce during the European session on Wednesday. Technical analysis on the daily chart indicates a developing bearish outlook, with the metal trading below the lower boundary of its ascending channel pattern.

    Silver price also trades below the nine-day and 14-day Exponential Moving Averages (EMAs), signaling weakened short-term momentum. However, the 14-day Relative Strength Index (RSI) has bounced back above the 50 mark, indicating that bullish sentiment remains intact. Upcoming price action will provide clearer insight into the price’s directional trend.

    To the downside, the XAG/USD pair may find initial support at the psychological level of $31.00. A decisive break below this mark could strengthen the bearish outlook, potentially pushing Silver’s price toward the five-month low of $28.74, last seen on December 19.

    Silver price could encounter initial resistance at the 14-day EMA around $32.12, followed by the nine-day EMA near $32.19. A move back into the ascending channel pattern would restore the bullish outlook, potentially pushing the pair toward the four-month high of $33.40. A breakout above this level would strengthen the bullish bias, opening the door for the metal price to test the ascending channel’s upper boundary near $35.00.

    XAG/USD: Daily Chart

    Silver FAQs

    Silver is a precious metal highly traded among investors. It has been historically used as a store of value and a medium of exchange. Although less popular than Gold, traders may turn to Silver to diversify their investment portfolio, for its intrinsic value or as a potential hedge during high-inflation periods. Investors can buy physical Silver, in coins or in bars, or trade it through vehicles such as Exchange Traded Funds, which track its price on international markets.

    Silver prices can move due to a wide range of factors. Geopolitical instability or fears of a deep recession can make Silver price escalate due to its safe-haven status, although to a lesser extent than Gold’s. As a yieldless asset, Silver tends to rise with lower interest rates. Its moves also depend on how the US Dollar (USD) behaves as the asset is priced in dollars (XAG/USD). A strong Dollar tends to keep the price of Silver at bay, whereas a weaker Dollar is likely to propel prices up. Other factors such as investment demand, mining supply – Silver is much more abundant than Gold – and recycling rates can also affect prices.

    Silver is widely used in industry, particularly in sectors such as electronics or solar energy, as it has one of the highest electric conductivity of all metals – more than Copper and Gold. A surge in demand can increase prices, while a decline tends to lower them. Dynamics in the US, Chinese and Indian economies can also contribute to price swings: for the US and particularly China, their big industrial sectors use Silver in various processes; in India, consumers’ demand for the precious metal for jewellery also plays a key role in setting prices.

    Silver prices tend to follow Gold’s moves. When Gold prices rise, Silver typically follows suit, as their status as safe-haven assets is similar. The Gold/Silver ratio, which shows the number of ounces of Silver needed to equal the value of one ounce of Gold, may help to determine the relative valuation between both metals. Some investors may consider a high ratio as an indicator that Silver is undervalued, or Gold is overvalued. On the contrary, a low ratio might suggest that Gold is undervalued relative to Silver.

     



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Bundesbank weighs abandoning Frankfurt headquarters

    Precious Metal

    How to get the Gold Beanstalk in Grow a Garden

    Precious Metal

    Morocco Strategic Minerals Reports High Copper Values at Tifernine

    Precious Metal

    Electrical pulses boost copper’s efficiency in turning CO2 into ethylene, ethanol fuels

    Precious Metal

    Lindsay Lohan turns heads in silver strapless top as she stuns fans with surprise appearance at Freakier Friday theatre showing in NYC

    Precious Metal

    Silver Hits Record Highs In 2025: Why Investors Are Turning To The ‘Next Gold’ | Savings and Investments News

    Precious Metal
    Leave A Reply Cancel Reply

    Top Picks
    Cryptocurrency

    Lincoln brothers lost over $1.36 million in cryptocurrency scam, police say

    Investments

    As retirees, should we invest in rental property or investments for extra income?

    Property

    More than 75,000 homeowners to leave London this year

    Editors Picks

    Bengaluru Auto Driver’s Cryptocurrency Payment Option Leaves Internet Amazed

    August 20, 2024

    The Future of Digital Payments: Exploring PayPal Alternatives – FF News

    August 19, 2024

    Not Gold, This Shiny Metal Steals The Spotlight; Experts Say Industrial Demand Is Booming | Business News

    June 20, 2025

    From right place, wrong time, to right place, right time

    July 20, 2024
    What's Hot

    Digital Currency Group (DCG) crée une division de crypto-minage Fortitude de Foundry

    January 28, 2025

    ON SALE NOW: Decibel Metal & Beer Fest: Denver 2024! ALL TICKET OPTIONS AVAILABLE!

    July 26, 2024

    UAE Set to Launch Digital Dirham as Part of Financial Transformation

    March 31, 2025
    Our Picks

    ACI Worldwide Extends Fintech Partnership Ecosystem to Fight APP Fraud in Europe and the UK

    February 6, 2025

    Students learn about agriculture at CSI Summer Ag Academy

    July 26, 2024

    Share of UK lending to first-time buyers reaches record high

    March 11, 2025
    Weekly Top

    Dream11 parent Dream Sports testing Dream Money App to enter fintech sector

    August 24, 2025

    Pakistan at risk of FATF grey list return over digital transactions, warns Pak Finance Minister Aurangzeb – World News

    August 24, 2025

    the nu-metal giants keep the hits rollin’ in

    August 24, 2025
    Editor's Pick

    Is The Crypto Crash Over? Bitcoin, Ether And Other Tokens Bounce Back After Devastating Dip.

    August 6, 2024

    Currency derivatives open interest rises as rupee volatility spurs hedging

    February 24, 2025

    Universal Audio offer insane metal tones at your feet!

    August 21, 2024
    © 2025 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.