• 1,181 days Will The ECB Continue To Hike Rates?
  • 1,181 days Forbes: Aramco Remains Largest Company In The Middle East
  • 1,183 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,583 days Could Crypto Overtake Traditional Investment?
  • 1,587 days Americans Still Quitting Jobs At Record Pace
  • 1,589 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,593 days Is The Dollar Too Strong?
  • 1,593 days Big Tech Disappoints Investors on Earnings Calls
  • 1,594 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,595 days China Is Quietly Trying To Distance Itself From Russia
  • 1,596 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,600 days Crypto Investors Won Big In 2021
  • 1,600 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,601 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,603 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,603 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,607 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,608 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,608 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,610 days Are NFTs About To Take Over Gaming?
  1. Home
  2. Markets
  3. Other

Silver Unwinding From Oversold Conditions

Silver is unwinding from oversold conditions, after extending lower from its bearish reversal signal that was triggered by our DeMark™ exhaustion signal on 28th Feb.

The move is still beneath its 200-day average which is currently trading at 34.7625.

Moreover, the break beneath 33.9000 has unlocked sharp setbacks into 30.0000 (psychological level).

The bulls need to push back above the 200-day average to maintain any potential recovery into 37.4750 (29th Feb high).

Daily Technical Report

 

Read the Report

Back to homepage

Leave a comment

Leave a comment