Open:
High:
Low:
Close:
TRIANGLE DESCENDANT
Argent
XAG/USD
1D
There is a descending triangle appearing and the price calls for a bearish continuation for the certainty of breakout.
In case if price breakdown occurs, the resulting move could signal that the price to go down.
Silver points to the downside to the 50 mark while below 56.
BISEAU DESCENDANT
Argent
XAG/USD
1H
Silver develops a falling wedge, the price breaks out soon.
A falling wedge signals a downward trend is nearing its end in case if price breaks out.
There is a probability of a bullish continuation towards 56.5 on a breach of 56.
CANAL ASCENDANT
Argent
XAG/USD
1H
As we can see an ascending channel is very close to being finished.
An ascending channel is considered to be a specific signal that is used to predict a bearish price action in case if price breaks out to the the downside.
Silver to accomodate towards the 57.5 level as the commodity becomes weaker.
CANAL ASCENDANT
Argent
XAG/USD
1H
An ascending channel has been observed, the price breaks out.
An ascending channel often results in a bearish move once price breaks through the support.
A further bearish push down to the 58 level is about to happen.
BISEAU ASCENDANT
Argent
XAG/USD
1H
There is a rising wedge materializing and silver needs a next strong bearish continuation as an indication of a breakdown.
A rising wedge is a reliable bearish chart indicator that often predicts a tendency to break in the opposite direction in case if price breaks below support.
There is a possibility of decline to 58 once below 58.6.
CANAL DESCENDANT
Argent
XAG/USD
1H
A descending channel is close to being completed.
A descending channel typically results in that prices move counter to the prevailing price trend once price breaks above resistance.
Silver turns higher to 58.5.
TRIANGLE DESCENDANT
Argent
XAG/USD
4H
There is a descending triangle turning up, the price calls for a bigger move as proof of a breakout.
A descending triangle is a reliable chart indicator that is used to spot a bearish-to-bullish trend reversal in case if price breaks out to the the upside.
It is not ruled out that a further bullish continuation towards 60 will be made once beyond 59.2.
CANAL DESCENDANT
Argent
XAG/USD
1H
There is a descending channel developing, silver requests a bit more consolidation as evidence of a breakout.
A descending channel represents a specific price action signal that can be used to identify a bullish move if price breaks through the resistance.
Silver to jump to the 58.5 mark as downside pressure seen easing.
DRAPEAU HAUSSIER
Argent
XAG/USD
1H
We can see that a bullish flag develops, the price expects a next strong move as evidence of a breakout.
A bullish flag provides a price formation that has a downward slope that is used to signal a move up once price breaks above resistance.
Silver to peak towards 59.
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