EUR/USD 1.16436
-0.007%
Gold 4202.09
-0.158%
Oil 59.876
0.659%
USD/JPY 155.296
0.120%
GBP/USD 1.33325
0.040%
GBP/JPY 207.053
0.174%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
December 6th - According to data analysis from the Central Bank of Russia by Sputnik News Agency, as of November 2025, the market value of Russias gold reserves has surpassed the $300 billion mark for the first time, reaching $310.7 billion, marking a new record high for the fourth consecutive month. That month, golds share of Russias international reserves rose to 42.3%, the highest level since February 1995. At that time, gold accounted for 43.9%, with a value not exceeding $5.5 billion.According to Business Insider, Meta Platforms (META.O) has postponed the release of its "Phoenix" mixed reality glasses to 2027 in order to "polish the details."On December 6th, local time, US President Trump met with Mexican President Sinbaum for the first time at the World Cup draw ceremony on December 5th. The two leaders reportedly focused their first face-to-face talks primarily on the 2026 USA-Mexico World Cup, also discussing issues such as trade and tariffs. Immigration was not the primary topic of discussion. The draw for the 2026 USA-Mexico World Cup finals was held in Washington, D.C.UBS: The Federal Reserve is expected to purchase approximately $40 billion in short-term Treasury bonds per month in early 2026.On December 6th, Nick Terry, product manager of OpenAIs ChatGPT, stated that there is a great deal of misunderstanding regarding rumors about potential advertising in ChatGPT. No advertising has been tested at present. If we consider introducing advertising in the future, we will do so in a carefully considered manner.

Silver price analysis: XAG/USD declines from a 13-day-old resistance line below $21.00

Daniel Rogers

Mar 13, 2023 11:37

 截屏2022-07-29 上午11.05.40.png

 

Silver price (XAG/USD) maintains modest gains near $20.60 as it probes the metal's retreat from a key short-term resistance line on Monday morning. Despite this, the XAG/USD maintains its three-day winning trend and extends yesterday's recovery from the lowest levels since November 4, 2022.

 

Nonetheless, the impending bear cross on the MACD and the bullion's inability to remain above the 200-SMA, not to mention the failure to cross a two-week-old resistance line, give Silver price bears reason for optimism.

 

Consequently, the bullion remains on track to retest the two-week-old horizontal support zone close to $20.40. However, the metal's further decline may make it difficult to break the $20.00 psychological magnet.

 

The focus will then shift to the monthly low of $19.95 and the November 2022 low around $18.85.

 

On the contrary, recovery movements remain elusive unless the XAG/USD remains below the downward-sloping resistance line from late February, around $20.90 at the latest. The $21.00 round number also functions as an upside filter.

 

The previous week's high near $21.30 may serve as the last line of defense for the XAG/USD skeptics if Silver purchasers maintain control above $21.00.


Suggestion