• 1,225 days Will The ECB Continue To Hike Rates?
  • 1,226 days Forbes: Aramco Remains Largest Company In The Middle East
  • 1,227 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,627 days Could Crypto Overtake Traditional Investment?
  • 1,632 days Americans Still Quitting Jobs At Record Pace
  • 1,634 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,637 days Is The Dollar Too Strong?
  • 1,637 days Big Tech Disappoints Investors on Earnings Calls
  • 1,638 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,640 days China Is Quietly Trying To Distance Itself From Russia
  • 1,640 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,644 days Crypto Investors Won Big In 2021
  • 1,644 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,645 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,647 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,648 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,651 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,652 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,652 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,654 days Are NFTs About To Take Over Gaming?
Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

How The Ultra-Wealthy Are Using Art To Dodge Taxes

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

  1. Home
  2. Markets
  3. Other

Silver - Pausing Below 17.39

Silver's upside pressures are definitely back on. Hourly support can now be found at 15.82 (01/06/2016 low). Hourly support is given at 17.39 (16/05/2016 high). Stronger daily resistance is given at 18.01 (02/05/2015 high). Expected to show a continued bullish momentum.

In the long-term, the metal has broken a declining downtrend and has started to increase again. A break of resistance at 18.48 (21/05/2015 high) is needed to confirm this view. Strong support can be found at 11.75 (20/04/2009).

Daily Technical Report

 

Read the Report

Back to homepage

Leave a comment

Leave a comment