Uniglobe Markets
Uniglobe Markets
June 12, 2025 at 06:51 AM
*XAG/USD Technical Overview* Silver prices have stabilized near the 36.30 level after failing to extend gains past recent highs. Consolidation is evident, with the RSI flattening around the 50 midpoint and MAs converging. Traders should wait for a breakout confirmation to determine the next directional bias. Support and Resistance Levels Support: 36.05, 35.68 Resistance: 36.68, 36.83 Buy Scenario A break above 36.68 could signal renewed upside, targeting 36.83. Place stops below 36.05. Sell Scenario Short positions become viable below 36.05, aiming for 35.68 with a tight stop above 36.30.
Image from Uniglobe Markets: *XAG/USD Technical Overview*  Silver prices have stabilized near the 3...

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