Tag: Silver
Silver: ⬆️ Buy – Silver broke resistance area – Likely to rise to resistance level 48.00 Silver recently broke the resistance area between the resistance level 45.00 (previous upward target set for Silver) and the resistance trendlines of the 2 up channels from August and April. The breakout of this resistance area accelerated the active […]
Silver: ⬆️ Buy – Silver broke the resistance area – Likely to rise to resistance level 44.00 Silver recently broke the resistance area between the key resistance level 41.50 (which stopped the previous impulse wave iii) coinciding with the resistance trendline of the daily up channel from June. The breakout of this resistance area accelerated […]
Silver: ⬆️ Buy – Silver broke the key resistance level 39.50 – Likely to rise to resistance level 41.00 Silver recently broke above the key resistance level 39.50 (former top of wave (3) from the middle of July, as can be seen from the daily Silver chart below). The breakout of the resistance level 39.50 […]
Silver: ⬆️ Buy – Silver reversed from the support zone – Likely to rise to the resistance level 39.45 Silver recently reversed from the support zone between the support level 36.20 (which also stopped wave ii at the start of July), lower daily Bollinger Band and the 38.2% Fibonacci correction of the upward impulse from […]
Silver: ⬆️ Buy – Silver broke resistance level 39.00 – Likely to rise to resistance level 40.00 Silver recently broke the resistance level 39.00, which stopped the previous impulse wave i earlier this month, as can be seen from the daily Silver chart below. The breakout of the resistance level 39.00 should accelerate the active impulse waves 5 […]
Silver: ⬇️ Sell – Silver reversed from resistance zone – Likely to fall to support level 37.00 Silver recently reversed down from the resistance zone lying at the intersection of the resistance level 39.00, upper weekly Bollinger Band and the resistance trendline of the weekly up channel from 2023. The downward reversal from resistance zone […]
Silver: ⬆️ Buy – Silver reversed from support level 35.50 – Likely to rise to resistance level 37.30 Silver recently reversed up with the daily Hammer from the support level 35.50 (which stopped the previous waves (iv) and 4, as can be seen from the daily Silver chart below). The support level 35.50 was strengthened […]
Silver: ⬆️ Buy – Silver reversed from key support level 35.50 – Likely to rise to resistance level 37.20 Silver recently reversed up from the key support level 35.50 (which stopped the previous minor correction iv at the start of June, as can be seen from the daily Silver chart below). The support zone near […]
Silver: ⬇️ Sell – Silver reversed from resistance level 33.70 – Likely to fall to support level 31.70 Silver recently reversed from the resistance level 33.70 (which is the upper border of the sideways price range inside which the price has been trading from April). The resistance area near the resistance level 33.70 was strengthened […]
Silver: ⬆️ Buy – Silver reversed from support level 31.70 – Likely to rise to resistance level 33.50 Silver recently reversed from the pivotal support level 31.70 (which stopped the previous minor wave a at the end of April, as can be seen from the daily Silver chart below). The support level 31.70 was further strengthened by the […]