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

Silver - Testing its Recent Lows

Silver remains weak. The recent low at 18.88 is challenged. A key support stands at 18.64. Hourly resistances can be found at 19.15 (10/09/2014 high) and 19.37 (04/09/2014 high).

In the long-term, the trend is negative, as can be seen by the long-term succession of lower highs since the April 2011 peak. A test of the strong support area between 18.84 (31/12/2013 low) and 18.23 (28/06/2013 low) is expected. A key resistance lies at 22.18 (24/02/2014 high).

Daily Technical Report

 

Read the Report

Back to homepage

Leave a comment

Leave a comment