Silver Technical Analysis
Silver Dips Amid Overbought and China Economy Woes
FxNews—The XAG/USD prices dipped from $32.3, a decline that was expected from a technical perspective as the Stochastic Oscillator was hovering overbought.
On the fundamental...
Silver Prices Approach One-Month Highs Near $31
Silver prices have recently climbed above $31.10 per ounce, nearing one-month highs. Investors focus on key US inflation data that may shape interest rate...
Silver Steady Above $31 Amid Rate Cut Expectations
FxNews—Silver trades bullish, above the 50-period simple moving average at approximately $31.28, testing the 38.2% Fibonacci resistance level. Market...
Silver Prices Hit $31 Amid Fed Rate Cuts Expectations
FxNews—Silver prices have climbed to nearly $31 per ounce, reaching a one-week high. This surge is driven by several...
Silver Prices Eye $29.7 as Downtrend Holds Firm
FxNews—Silver is in a downtrend, below the 100-period simple moving average and inside the bearish flag. However, recent selling...
Silver Rally Halts at $31.4 Amid Solar Panel Surplus
FxNews—Silver prices eased to $30 per ounce as the Stochastic overbought signaled promised when the prices neared the October...
Silver Eyes $31.3 Amid Changing Fed Policy Views
FxNews—Silver prices test the $31.3 resistance, above the 50-period simple moving average. However, the precious metal is still below...
Silver Bear Market Shows Signs of Recovery Around $30
FxNews—Silver trades in a bear market, below the 50-period simple moving average. However, the market started consolidating on Stochastic's...