Tag: Silver
• Silver reversed from support level 18.15 • Likely to rise to resistance level 19.50 Silver recently reversed up from the strong support level 18.15 (which has been repeatedly reversing the price from the middle of July) standing near the lower daily Bollinger Band. The upward reversal from the support level 18.15 started the active […]
• Silver reversed from resistance area • Likely to fall to support level 18.20 Silver recently reversed down from the resistance area located between the key multi-month resistance level 21.00 (which has been reversing the price from June) and the upper daily Bollinger Band. This resistance area was further strengthened by the 38.2% Fibonacci correction […]
• Silver reversed from resistance level 20.50 • Likely to fall to support level 19.00 Silver recently reversed down from the key resistance level 20.50 (former monthly low from May), intersecting with the upper daily Bollinger Band and the 61.8% Fibonacci correction of the downward impulse from June. The downward reversal from the resistance level […]
• Silver reversed from support level 18.30 • Likely to rise to resistance level 18.90 Silver earlier reversed up from the pivotal support level 18.30 (which has been steadily reversing the price from the end of June). The upward reversal from the support level 18.30 created the daily Bullish Engulfing – which stopped the earlier […]
• Silver under strong bearish pressure• Likely to fall to support level 21.00 Silver under the strong bearish pressure after the price broke below the long-term support level 22.00 (the previous monthly low from January and February). The breakout of support level 22.00 accelerated the active intermediate ABC correction (2) from the start of March. […]
• Silver broke support level 24.00• Likely to fall to support level 22.00 Silver recently broke the support level 24.00, intersecting with the 38.2% Fibonacci correction of the upward impulse from the end of last year. The breakout of the support level 24.00 accelerated the active intermediate ABC correction (2). Silver can be expected to […]
• Silver falling minor impulse wave 3• Likely to reach support level 24.10 Silver continues to fall inside the minor impulse wave 3, which started earlier from the resistance level 25.8 (previous reversal high from March) – strengthened by the upper daily Bollinger Band. The active impulse wave 3 belongs to the higher-order impulse wave […]
• Silver reversed from support level 24.10• Likely to test resistance level 25.50 Silver recently reversed up from the key support level 24.10 (which stopped the previous minor impulse wave 1 at the end of March). The support zone near the support level 24.10 was strengthened by the lower daily Bollinger Band and by the […]
• Silver reversed from support level 24.50• Likely to rise to resistance level 25.85 Silver recently reversed up with the daily Hammer from the strong support level 24.50 (the previous monthly high from January). The support area near the support level 24.50 was strengthened by the lower daily Bollinger Band and the 50% Fibonacci retracement […]
• Silver reversed from support level 24.50• Likely to rise to resistance level 20.50 Silver recently reversed up twice from the key support level 24.50 (previous monthly high from January), strengthened by the 50% Fibonacci correction of the upward impulse from February . The upward reversals from this support level 24.50 created the two daily […]
