Thursday, October 15, 2026

Technicals

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Silver moves in range bound direction, sell on rallies

XAG/USD currently trading around $14.90. It made intraday high at $14.95 and low at $14.85 levels. Intraday bias remains bearish for the moment. Expected short term trading range for Silver is $15.05 to $14.60 levels. A …

By Earlence Fernandes
1 min read
Silver moves in range bound direction, sell on rallies
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  • XAG/USD currently trading around $14.90.
     
  • It made intraday high at $14.95 and low at $14.85 levels.
     
  • Intraday bias remains bearish for the moment.
     
  • Expected short term trading range for Silver is $15.05 to $14.60 levels.
     
  • A daily close above $15.20 is required to confirm the bullish trend.

We prefer to take short position in XAG/USD around $14.95, stop loss $15.05 and target $14.75 levels.

 

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