Open:
High:
Low:
Close:
ASCENDING CHANNEL
Silver
XAG/USD
1H
It looks like an ascending channel is close to being done.
An ascending channel suggests a useful price signal that can be used to predict a next move down once price collapses through the support line.
There is a probability of a further bearish continuation to the 65 mark.
ASCENDING CHANNEL
Silver
XAG/USD
1H
There is an ascending channel happening, the price is about to break out now.
Once price breaks out to the the downside, the move could predict a move down.
Silver risks suffer setback to the 65 zone as upside pressure mitigates.
BEARISH FLAG
Silver
XAG/USD
1H
There is a bearish flag identified, silver requires a move as proof of a breakout.
Once price breaks below support, the move could spot that the price to go short.
It is possible that further decline to 65.5 will take place.
PENNANT
Silver
XAG/USD
1H
It looks like a pennant is noticed, silver expects a next move for the certainty of breakout.
A pennant provides an indicator that can be used to indicate that the price to go long when price breaks above resistance.
It is not ruled out that a bullish move to the 66 level will be made.
ASCENDING CHANNEL
Silver
XAG/USD
4H
It looks like an ascending channel happens, the price is breaking out.
An ascending channel provides a specific bearish chart indicator that can be used to signal an extension in the downward direction once price breaks out.
Silver set to accelerate its decline to 62 on a breach of 64.5 as gains remain capped.
ASCENDING CHANNEL
Silver
XAG/USD
1H
There is an ascending channel turning up and silver needs a more steady move as an indication of a breakout.
When price breaks down, the move could predict a bullish-to-bearish trend reversal.
Silver risks potential downside to the 64 mark.
ASCENDING CHANNEL
Silver
XAG/USD
1H
An ascending channel is very close to being completed and the price is ready to break out.
An ascending channel tends to be a compelling indicator that often results in a next move down if price breaks down.
Silver risks further decline to the 64.5 level.
BULLISH RECTANGLE
Silver
XAG/USD
1H
There is a bullish rectangle emerging.
A bullish rectangle is said to depict a bullish chart indicator that can be used to identify the more likely potential of rising prices if price breaks out to the the upside.
Silver turns higher towards the 65.5 zone once above 65.
PENNANT
Silver
XAG/USD
1H
It seems like a pennant emerges and silver demands a next bearish continuation as an indication of a breakdown.
Once price breaks out, the resulting move could indicate an extension in the downward direction.
It is not ruled out that a bearish move to 63.5 will form once below 63.8 as sell-off may continue.
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