• 814 days Will The ECB Continue To Hike Rates?
  • 815 days Forbes: Aramco Remains Largest Company In The Middle East
  • 816 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,216 days Could Crypto Overtake Traditional Investment?
  • 1,221 days Americans Still Quitting Jobs At Record Pace
  • 1,223 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,226 days Is The Dollar Too Strong?
  • 1,226 days Big Tech Disappoints Investors on Earnings Calls
  • 1,227 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,229 days China Is Quietly Trying To Distance Itself From Russia
  • 1,229 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,233 days Crypto Investors Won Big In 2021
  • 1,233 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,234 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,236 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,237 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,240 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,241 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,241 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,243 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…

Another Retail Giant Bites The Dust

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

  1. Home
  2. Markets
  3. Other

Silver - Monitoring Downtrend Channel

Silver, still in a medium-term bullish phase, is now pushing to exit short-term bearish retracement channel. Demand for the precious metal remains nonetheless strong. Hourly support is located at 19.23 (08/07/2016 low). Resistance is given at 21.13 (04/07/2016 high). Expected to increase again.

In the long-term, the metal is now in an increasing uptrend. Resistance is located at 25.11 (28/08/2013 high). 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