{"id":242575,"date":"2024-02-07T00:25:13","date_gmt":"2024-02-06T18:55:13","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=242575"},"modified":"2024-02-07T00:25:13","modified_gmt":"2024-02-06T18:55:13","slug":"xag-usd-gains-modestly-but-is-not-out-of-the-woods-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/xag-usd-gains-modestly-but-is-not-out-of-the-woods-crypto-news\/","title":{"rendered":"XAG\/USD gains modestly but is not out of the woods &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"fxs_article_content\">\n<p>\n                        <span class=\"fxs_socialmedia_bar_share_label\">Share:<\/span><\/p>\n<ul>\n<li><strong>Silver edges up 0.25% to $22.538, with eyes on upcoming US inflation data.<\/strong><\/li>\n<li><strong>Break above $22.73 could aim for $23.00, facing resistance at 100 and 200-DMAs.<\/strong><\/li>\n<li><strong>XAG\/SD risk of a drop below $22.20, with $21.93 as critical next support.<\/strong><\/li>\n<\/ul>\n<p>Silver price prints modest gains in the mid-North American session, as US Treasury bond yields drop sharply, as traders await next week\u2019s inflation report out of the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/economic-calendar\/united-states\" data-fxs-autoanchor=\"\">United States<\/a>. At the time of writing, XAG\/USD exchanges hands at $22.538, up 0.25%.<\/p>\n<p>The non-yielding metal stays reluctant to crack below the $22.20 area for the second straight day as buyers lift XAG\/USD toward the $22.50 area. Nevertheless, failure to conquer that level could keep <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/rates-charts\/xagusd\" data-fxs-autoanchor=\"\">Silver<\/a> prices range-bound within the $22.00-$22.50 area ahead of crucial data.<\/p>\n<p>If buyers extend their gains past the February 5 high at $22.73, that will open the way to challenge $23.00. Further upside levels emerge with the 100-day moving average (DMA) at $23.12 and the confluence of the 200 and 50-DMA at $23.40.<\/p>\n<p>On the other hand and the path of least resistance, if sellers emerge and push prices below $22.20, look for a challenge of the January 22 year-to-date (YTD) low of $21.93.<\/p>\n<h2 class=\"fxs_headline_medium\">XAG\/USD Price Action \u2013 Daily Chart<\/h2>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/editorial.fxstreet.com\/miscelaneous\/image-638428416223589592.png\"><\/a><\/p>\n<h2 class=\"fxs_headline_medium\">XAG\/USD Technical Levels<\/h2>\n<p>\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Share: Silver edges up 0.25% to $22.538, with eyes on upcoming US inflation data. Break above $22.73 could aim for $23.00, facing resistance at 100 and 200-DMAs. XAG\/SD risk of a drop below $22.20, with $21.93 as critical next support. Silver price prints modest gains in the mid-North American session, as US Treasury bond yields [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":4978,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,350,252,247,253,249,671,308,256,254,672],"class_list":["post-242575","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-technical-analysis","tag-wallet","tag-wordpress","tag-xagusd"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/242575","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=242575"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/242575\/revisions"}],"predecessor-version":[{"id":242576,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/242575\/revisions\/242576"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/4978"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=242575"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=242575"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=242575"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}