• 10 hours Contrarian Investors Are Beating The Stock Market
  • 13 hours Bulgaria’s Revenue Agency Falls Victim To Biggest Cyber Heist In History
  • 16 hours Amazon Faces European Union Anti-Trust Probe
  • 18 hours Commodities Are Having A Stellar Year
  • 1 day Bezos’ Next Big Project Could Be Worth $100 Billion Per Year
  • 1 day 3,600 Years Later, Climate Change Turns Mammoths Into $40M Market
  • 2 days Tesla, Apple Claim China Is Stealing Intellectual Property
  • 2 days EV Giants Duke It Out For Battery Dominance
  • 2 days Tech Billionaire Takes Aim At Google
  • 3 days Chinese Police Bust Largest Ever Illicit Crypto Mining Operation
  • 3 days Expect A Pullback Before Gold's Next Major Rally
  • 3 days Why Interest On Gold Matters
  • 3 days Ten Extravagant Food Items For The Wealthy Only
  • 4 days Why Saudi Arabia Won't Give Up On The Aramco IPO
  • 4 days $32 Million Crypto Heist Halts Tokyo Exchange
  • 5 days Is A Gold Selloff Looming?
  • 5 days Central Banks Are Stashing Gold And Dumping Treasuries
  • 6 days Three Cannabis Trends Flying Under Investors’ Radars
  • 6 days $1.3 Billion In Cocaine Found On JPMorgan Vessel
  • 6 days Amazon Teams Up With Lady Gaga To Win Over Generation Z
Market Sentiment At Its Lowest In 10 Months

Market Sentiment At Its Lowest In 10 Months

Stocks sold off last week…

Billionaires Are Pushing Art To New Limits

Billionaires Are Pushing Art To New Limits

Welcome to Art Basel: The…

  1. Home
  2. Markets
  3. Other

Silver - Long-Term Reversal?

Silver is still consolidating after its recent surge. Hourly resistance can be found at 17.78 (18/05/2015) while support can be found at 14.79 (01/04/2016 low). Expected to see further consolidation before entering into another upside move.

In the long-term, the break of the major support area between 18.64 (30/05/2014 low) and 18.22 (28/06/2013 low) confirms an underlying downtrend. Strong support can be found at 11.75 (20/04/2009). A key resistance stands at 18.89 (16/09/2014 high).

Daily Technical Report

 

Read the Report

Back to homepage

Leave a comment

Leave a comment