The price of Silver (in USD) has left the ascending channel, tested the next fib retracements (one coming from dec 2015 in blue, the other recent from may 2019 in violet). This level has been and is still a strong resistance and we´ll see if the bulls will have enough strength to break through.
After Silver has re-entered the parallel channel and touched the lower limit it turned and is now on the lower side of the positive trend channel.
RSI also has turned and could signify new gains. MACD is in bullish terrain but the trend is negative. One has to take in consideration, that MACD always has a significant delay. I take this indicator only for confirmation.
With Gold (orange line) also regaining force I can imagine that Silver will recover on this level. So the bullish trend isn´t over.
This is no trading advice!!
After Silver has re-entered the parallel channel and touched the lower limit it turned and is now on the lower side of the positive trend channel.
RSI also has turned and could signify new gains. MACD is in bullish terrain but the trend is negative. One has to take in consideration, that MACD always has a significant delay. I take this indicator only for confirmation.
With Gold (orange line) also regaining force I can imagine that Silver will recover on this level. So the bullish trend isn´t over.
This is no trading advice!!
Giao dịch đang hoạt động
Silver has been too weak and so it dumped out of the ascending trend channel. The next support is a fib retracement, resulting from the last rally.
MACD has turned (just triggered on 4h-basis).
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.