Thursday, November 21, 2024
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Silver Technical Analysis

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 17 low. The pessimistic outlook...

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 the 100-SMA, making the primary...
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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...

Silver Remains Bearish Below $31 as Solar Demand Dips

FxNews—Today, silver prices climbed to $31 per ounce, halting a recent drop that had pushed the metal down to...

Silver Holds Near $31.5 After Fed Cuts Interest Rates

FxNews—Silver remained near $31.5 per ounce after the Fed lowered the benchmark rate by 25 basis points to 4.5%-4.75%,...

Silver Ready to Surge with Fed Rate Cuts Ahead

FxNews—On Tuesday, silver prices stayed around $32.60 per ounce, close to their lowest point in two weeks. This steady...

Watch Silver as It Approaches Crucial $33.1 Resistance

FxNews—Silver's downtrend from $34.9 eased when the price hit the 100-period simple moving average at $32.83 as support. This...

Silver Slips to $33 as China Unveils Stimulus

FxNews—Silver prices hovered around $33.5 per ounce on Thursday, maintaining their peak position in nearly 12 years. This surge...