XAGUSD: $26 Remains a Key Battleground for Silver

From dailypriceaction.com

XAGUSD (silver) has had a volatile start to the week. Monday’s $2.60 range may not sound like much to some, but those familiar with XAGUSD know that’s a massive range for the metal. As always, I’m more interested in where silver closed the day than anything else. If you saw last week’s XAGUSD article, you know buyers have to clear the $26 area on a daily closing basis to expose higher levels. Remember that I use New York close charts provided by Blueberry Markets. That means every daily candle opens and closes at 5 pm EST. As for Monday’s session, it’s a bit too close to call right now. Keep in mind that ... (full story)