FX.co ★ lstanton | XAG/USD, SILVER

SILVER / Silver / XAGUSD

Saturday technical analysis of the pair on the 15-minute chart. At the level of 64.72 the price worked out the TF high and from there started to move back down. The price began to work off the large red zone. The blue zone, which is only just starting to form, can be used by the price as a resistance level during the decline. The price may fully work off the red zone and return to the parameters of its previous flat at the level of 58.09.