• 394 days Could Crypto Overtake Traditional Investment?
  • 399 days Americans Still Quitting Jobs At Record Pace
  • 401 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 404 days Is The Dollar Too Strong?
  • 404 days Big Tech Disappoints Investors on Earnings Calls
  • 405 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 407 days China Is Quietly Trying To Distance Itself From Russia
  • 407 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 411 days Crypto Investors Won Big In 2021
  • 411 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 412 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 414 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 415 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 418 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 419 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 419 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 421 days Are NFTs About To Take Over Gaming?
  • 422 days Europe’s Economy Is On The Brink As Putin’s War Escalates
  • 425 days What’s Causing Inflation In The United States?
  • 426 days Intel Joins Russian Exodus as Chip Shortage Digs In
Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

The Problem With Modern Monetary Theory

The Problem With Modern Monetary Theory

Modern monetary theory has been…

  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