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

Silver - Breaking 50% Fibonacci Retracement

Silver increases. Strong support is given at 15.63 (20/12/2017 low). Closest support is given at 16.20 (04/05/2017 low). Key resistance is given at a distance at 19.00 (09/11/2017 high). Expected to push towards 61.8% Fibonacci retracement around 17.75.

In the long-term, the death cross indicates that further downsides are very likely. 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