Thu, May 06, 2021 @ 01:34 GMT
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SILVER Trading Below 16.26

Silver selling pressures continue after trading at 16.80, heading along 16.23. Silver is currently contained between hourly support and resistance given at 16.03 (18/12/2017 low) and 16.98 (15/02/2018 high). The short-term technical structure suggests further decreasing moves. In the long-term, the trend remains negative/ sideways. Further downside is very likely....

SILVER Trading Below 16.50

Silver selling pressures continue after trading at 16.80, heading along the 16.47 range. Silver is currently contained between hourly support and resistance given at 16.03 (18/12/2017 low) and 16.98 (15/02/2018 high). The short-term technical structure suggests decreasing moves. In the long-term, the trend remains negative/ sideways. Further downside is very...

SILVER Edging Higher

Silver bullish trend continues, currently given 16.715 and expected to head along the 16.80 range. Silver is currently contained between hourly support and resistance given at 16.03 (18/12/2017 low) and 16.98 (15/02/2018 high). The short-term technical structure suggests fruther short-term rising moves. In the long-term, the trend remains negative/ sideways....

SILVER Slight Increase

Silver is trading indistinctly along the 16.60 range, expected to head higher at 16.65. Silver is contained between hourly support and resistance given at 16.03 (18/12/2017 low) and 16.98 (15/02/2018 high). The short-term technical structure suggests short-term rising moves. In the long-term, the trend remains negative/ sideways. Further downside is...

SILVER Edging Higher

Silver is currently trading at yesterday's price, heading higher along the 16.60 range. Silver is contained between hourly support and resistance at 16.03 (18/12/2017 low) and 16.98 (15/02/2018 high). The short-term technical structure suggests further short-term rising moves. In the long-term, the trend remains negative/ sideways. Further downside is very...

Forex Analysis: UK 100 And Silver Analysis

The UK 100 index has fallen below its February low at 6916.3, painting a bearish picture for 2018. The level was lost in the US session yesterday, and the index reached a low of 6835.7 overnight. Attempts to recover this morning are stalling above 6900.0. The increase in international...

SILVER Slight Increase

Silver rising momentum is slowing, trading above 16.50 and expected to increase slightly along the 16.65 range. Hourly support and resistance are maintained at 16.03 (18/12/2017 low) and 16.98 (15/02/2018 high). The short-term technical structure suggests further short-term rising moves. In the long-term, the trend remains negative/ sideways. Further downside...

SILVER Recovery Phase

Silver is bouncing back after breaking hourly support at 16.18 (09/02/2018), approaching the 16.50 range. Hourly support and resistance are now given at 16.03 (18/12/2017 low) and 16.98 (15/02/2018 high). The short-term technical structure suggests further short-term rising moves. In the long-term, the trend remains negative/ sideways. Further downside is...

SILVER Bearish Consolidation

Silver is giving signs of further weakness following recent consolidation phase at the 16.30 range, approaching hourly support at 16.18 (09/02/2018 low). Hourly resistance at 16.98 (15/02/2018 high) is distanced. The short-term technical structure suggests further short-term decrease. In the long-term, the trend remains negative/ sideways. Further downside is very...

SILVER Riding Lower

Silver recovery collapses, the currency starts back its consolidation phase following recent high at 16.50, approaching hourly support at 16.18 (09/02/2018 low). Hourly resistance at 16.98 (15/02/2018 high) is distanced. The short-term technical structure suggests further short-term decrease. In the long-term, the trend remains negative/ sideways. Further downside is very...

SILVER Buying Pressures

Silver is having a recovery phase following recent decline at 16.36, currently trading at the 16.50 range and expected to increase along the 16.65 range. Silver is contained between hourly support and resistance given at 16.18 (09/02/2018 low) and 16.98 (15/02/2018 high). The short-term technical structure suggests further short-term...

SILVER Consolidation After Rising Momentum

Silver short-term hike fades, following a break of hourly resistance at 16.83 (28/12/2017 high). Hourly support and resistance are now given at 16.25 (01/12/2017 low) and 16.98 (15/02/2018 high). The short-term technical structure suggests short-term decrease. In the long-term, the trend remains negative/sideways. Further downside is very likely. The pair...