VasilyTrader

SILVER (XAGUSD) Key Levels

Education
OANDA:XAGUSD   Silver / U.S. Dollar

a lot of questions about silver!

currently, I don't have any active positions.
I have alerts placed on key levels, I will look at the reaction of the market to the underlined levels on the lower timeframe.

here are the key levels:
16.7 is our current strong support

17.55 is our current resistance (due to a strong bullish rally it can just easily be broken, so don't jump in aggressively)
18.55 is resistance 2
19.55 is resistance 3

trade key levels only with a confirmation.

let me know if you want to see more structure analysis!

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