<\/p>\n
\n Share:<\/span><\/p>\n XAG\/USD prices are softly back on Monday in a relief pullback from Friday’s peak into $22.82. While bullish momentum saw a boost for spot Silver on the back of an escalation of the Israel-Hamas conflict last week, Silver’s deep bear rout from August’s peaks at the $25.00 handle are constraining metal bulls.<\/p>\n Silver has seen a firm rebound in October, climbing over 9% from a low of $20.68 at the beginning of the month, but things still remain bearish for the XAG\/USD, and October’s bottom bids still represent a seven-month low for Silver.<\/p>\n Silver<\/a> bulls are going to need a solid firming-up of broader market sentiment<\/a> before the XAG\/USD can lift back into 2023’s median prices.<\/p>\n Silver’s Friday peak saw XAG\/USD bids ping off a descending trendline drawn from August’s peak at the $25.00 major handle, marking in a potential swing high at $22.82 if bearish action sees a continuation.<\/p>\n On the top side, the 50-day Simple Moving Average (SMA) is capping off near-term action from $22.90, and has confirmed a bearish crossover of the 200-day SMA, currently parked just north of $23.25.<\/p>\n \u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":" Share: Silver prices are seeing a minor pullback for Monday, after Friday’s peak into $22.82 failed to spark an extended rally. XAG\/USD is seeing softening bids at the descending trendline from $25.00. Spot Silver prices are tracking the US Dollar closely, traders will be looking for a pattern breakdown. XAG\/USD prices are softly back on […]<\/p>\n","protected":false},"author":2,"featured_media":11552,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,350,252,247,253,249,671,256,254,672],"class_list":["post-175448","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-metals","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-silver","tag-wallet","tag-wordpress","tag-xagusd"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/175448","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=175448"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/175448\/revisions"}],"predecessor-version":[{"id":175449,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/175448\/revisions\/175449"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/11552"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=175448"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=175448"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=175448"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}\n
XAG\/USD Technical Outlook<\/h2>\n
XAG\/USD Daily Chart<\/h2>\n<\/p>\n
XAG\/USD Technical Levels<\/h2>\n