The price of silver is testing a very important supporting level of 30.00, trying to form an engulfing at the same time. Once the formation of the engulfing is completed, the price of this asset might...
Silver at a Crossroads: What’s Next?
The price of silver is approaching the key horizontal level of 30.00. At this stage, the asset’s price might either rebound from this level or get back under it and drop to the supporting level of...
Dropping to Pullback Support
TitleDropping to Pullback SupportTypeBullish BouncePreference:Price is falling towards the pivot point of 29.19 which is a pullback support level and could potentially reverse from here; we could see...
Silver And Copper: Potential Correction Underway?
The price of silver has closely approached a very strong psychological level of 30.00, which also represents the historical maximum point. The price of this asset might potentially rebound and drop....
Potential Bearish Reversal
TitlePotential Bearish ReversalTypeBearish ReversalPreference:Price is rising towards the pivot point of 28.69 which is a pullback resistance level and could potentially reverse from here; we could...
Bearish Momentum to Extend
TitleBearish Momentum to ExtendTypeBearish DropPreference:Price has made a bearish reversal, sell at the pivot point of 27.24; we could see momentum carry price down to its 1st support at 26.78 which...
Falling to 61.8% Fibonacci Support
TitleFalling to 61.8% Fibonacci SupportTypeBullish BouncePreference:Price is falling towards the pivot point of 26.58 which is a pullback support that aligns close to the 61.8% Fibonacci retracement...
Approaching Pullback Support
TitleApproaching Pullback SupportTypeBullish BouncePreference:Price is falling towards the pivot point of 26.84 which is a pullback support level and could potentially reverse from here; we could see...
Silver Hits New 2024 Highs Ahead of US CPI
XAG Rally ContinuesSilver prices are continuing to push higher this week with silver futures breaking out to fresh highs for the year today. The market has been well supported in recent weeks, drawing...
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