Open:
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Close:
CANAL ASCENDENTE
Plata
XAG/USD
1H
It looks like an ascending channel appears.
In case if price breaks out, the move could indicate a countertrend succeeding the current trend.
A further rangebound towards the 86 mark is probable on a breach of 88.
RECTÁNGULO
Plata
XAG/USD
1H
A rectangle turns up, silver expects a strong move as an information of a breakout.
Once price breaks through the resistance, the resulting move could signal that prices are likely to keep rallying upward.
It is not ruled out that a bullish price action to 85 will happen as downside pressure alleviates.
CANAL DESCENDENTE
Plata
XAG/USD
1H
There is a descending channel poping up.
A descending channel is a useful bullish indicator that typically identifies a next move up in case if price breaks out to the the upside.
Silver opens door for a move to the 85 mark as the commodity loses bearish momentum.
TRIÁNGULO ASCENDENTE
Plata
XAG/USD
1H
An ascending triangle is detected.
An ascending triangle represents a reliable signal that often identifies a temporary interruption during a rising market once price breaks down.
Silver could attempt a move to 82 on impulse below 83.
CANAL DESCENDENTE
Plata
XAG/USD
1H
It seems like a descending channel has been recognized.
A descending channel identifies a technical price signal that often predicts a bullish price action when price breaks out to the the upside.
Silver to extend its advance to 85 amid the commodity recovers from recent lows.
CANAL DESCENDENTE
Plata
XAG/USD
1H
As we can see a descending channel is almost finished and the price requests a more bigger bullish continuation as a signal of a breakout.
A descending channel suggests a technical indicator that is used to identify that the price to go up if price breaks out.
Silver to increase bullish potential towards 85 on a upside break.
BANDERA BAJISTA
Plata
XAG/USD
1H
The price develops a bearish flag and the price requests a move to confirm bearish flag breakdown.
A bearish flag depicts a specific price formation that identifies that the price to go short if price breaks down.
A bearish run towards the 83 level is possible once below 83.4 as the commodity probes 83.4 hurdle.
BANDERA BAJISTA
Plata
XAG/USD
1H
A bearish flag pops up and the price is ready to break out.
A bearish flag is a specific pattern that is used to signal a temporary interruption of an existing trend if price breakdown occurs.
There is a possibility of corrective downside towards 82 while below 83.
CANAL ASCENDENTE
Plata
XAG/USD
4H
It looks like an ascending channel takes place, silver requires a steady move as a verification of a breakdown.
An ascending channel is a bearish chart pattern that is used to predict a bearish price move if price breaks out to the the downside.
Silver risks further downside towards 86 as there is a chance of further weakness.
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