| 4H | 1D | 1W | |
|---|---|---|---|
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Buy | Buy |
| SAR(0.02;0.2) | Buy | Sell | Buy |
| Aggregate | ⇗ | ⇒ | ⇗ |
Since the beginning of November, the XAG/USD exchange rate has been trading upwards within an ascending channel.
From a theoretical point of view, it is likely that silver could continue to appreciate against the Us Dollar within the given channel in the medium term. The rate could reach the 32.00 mark by the beginning of April.
In the meantime, note that the exchange rate could gain support from the 55-, 100– and 200-period SMAs in the 27.00 area and breach the predetermined channel north.