| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Sell | Buy | Buy |
| RSI(14) | Neutral | Neutral | Sell |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Buy | Buy |
| SAR(0.02;0.2) | Sell | Sell | Buy |
| Aggregate | ⇘ | ⇒ | ⇗ |
The XAG/USD exchange rate has been trading upwards guided by an ascending trend line since the end of July.
From a theoretical perspective, it is likely that some upside potential could prevail in the market. In this case the price for silver could exceed the psychological level at 32.00.
In the meantime, note that the exchange rate would have to exceed the Fibo 100.00% at 29.26. If the given level holds, it is likely that some downside potential could prevail. In this case the rate could gain support from the Fibo 61.80% at 22.67.