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FALLENDER KEIL
Silber
XAG/USD
1H
There is a falling wedge arising and the price is going to break out.
A falling wedge often results in a next move up once price breaks out.
A further move to the 76.5 zone is likely to happen on a breach of 76.
ABSTEIGENDER KANAL
Silber
XAG/USD
1H
We can see that a descending channel arises, the price is going to break out now.
A descending channel denotes a technical bullish signal that indicates that the price to go long if price breaks through the resistance.
A bullish run towards 77 is possible.
WIMPEL
Silber
XAG/USD
1D
A pennant is almost finished and the price is ready to break out soon.
A pennant suggests a formation that typically indicates the more likely potential of falling prices when price breaks out.
Silver risks extra losses to the 75 level.
ABSTEIGENDES DREIECK
Silber
XAG/USD
1H
A descending triangle is close to completion.
A descending triangle tends to be a compelling bearish price indicator that results in a bearish price action when price breaks through the support.
Silver set to extend its decline to the 75.5 mark as silver becomes capped.
ABSTEIGENDES DREIECK
Silber
XAG/USD
1H
There is a descending triangle distinguished.
A descending triangle is a specific indicator that typically indicates a further move up in case if price breaks through the resistance.
A rangebound to 78 looks possible while above 77.8 as silver is at a brink of a bullish breakout.
WIMPEL
Silber
XAG/USD
1H
There is a pennant noticed.
A pennant is said to depict a specific bearish price action formation that is used to identify the more likely potential of falling prices once price breaks down.
Silver opens door for a move to 77 while below 77.8 as there is a chance for a downside correction.
ABSTEIGENDER KANAL
Silber
XAG/USD
1H
We can see that silver establishes a descending channel and silver demands a further strong move as a signal of a breakout.
When price breaks out, the move could indicate that the price to go long.
Silver pushes higher towards the 79 mark on a breakout of the descending channel as the commodity probes 78.4 hurdle.
STEIGENDER KEIL
Silber
XAG/USD
4H
We can see that a rising wedge develops and the price needs a further move for clear breakout confirmation.
A rising wedge is said to depict a pattern that is used to signal a bearish price action when price breaks through the support.
It is possible that a bearish continuation to the 78 level will form as minor hurdle remains at 79.5.
WIMPEL
Silber
XAG/USD
1H
It looks like a pennant is very close to being finished and silver needs a next bigger move as a sign of a breakout.
A pennant tends to be a reliable indicator that often results in a bullish price action when price breaks through the resistance.
There is a possibility of a bullish move towards 81 on a upside break.
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