Silver Prices Consolidate Below 200-day Moving Average
- ByFXEmpire-
Leading Economic Indicators where in line with expectations
Leading Economic Indicators where in line with expectations
Silver markets have rallied quite significantly during the course of the week, breaking above the $24.40 level in and impulsive three-day move.
The silver markets have gapped lower to kick off the trading session and then went back and forth on Friday to form a bearish harami pattern.
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Are we finally at the breakout in the silver price? The Weekly End Game Investor Silver Report leaves us with an intriguing comment to think about in this week's video.
It’s been a big week for metals, with both Silver and Gold posing meaningful breakouts. But – there’s been divergence with strong out-performance from Silver, jumping by almost 12%...
Last | |||||||
|---|---|---|---|---|---|---|---|
| SLV | 22.38 | -1.06% | 37.74M | ||||
| AGQ | 37.39 | -1.97% | 1.08M | ||||
| SIVR | 23.33 | -0.89% | 558.46K | ||||
| ZSL | 24.35 | +2.01% | 260.48K |
Type | 5 Min | 15 Min | Hourly | Daily | Monthly |
|---|---|---|---|---|---|
| Moving Averages | Buy | Buy | Neutral | Strong Buy | Strong Buy |
| Technical Indicators | Strong Buy | Strong Buy | Strong Sell | Strong Buy | Strong Sell |
| Summary | Strong Buy | Strong Buy | Sell | Strong Buy | Neutral |