Open:
High:
Low:
Close:
CANAL DESCENDANT
Argent
XAG/USD
1H
It looks like a descending channel has been exposed.
When price breaks above resistance, the resulting move could predict that the price to go up.
A rangebound to 66.5 is about to happen.
DRAPEAU HAUSSIER
Argent
XAG/USD
1H
We can see that a bullish flag is close to being done.
A bullish flag provides a reliable indicator that spots an interruption of a downtrend in case if price breaks through the resistance.
It is not ruled out that a bullish price action towards the 66 mark will happen.
TRIANGLE SYMÉTRIQUE
Argent
XAG/USD
1H
Silver completes a symmetrical triangle and the price is ready to break out soon.
A symmetrical triangle typically identifies prices are likely to keep falling downward when price breaks out to the the downside.
There is a probability of a further bearish continuation to 65.5.
CANAL ASCENDANT
Argent
XAG/USD
1H
It looks like an ascending channel arises, silver demands a more steady move as a signal of a breakdown.
An ascending channel is believed to be a specific chart signal that identifies a break in the price direction once price breaks down.
Decline towards the 66 zone stays on the cards on a breakout of the ascending channel.
RECTANGLE
Argent
XAG/USD
1H
As we can see a rectangle has been encountered.
A rectangle often predicts that prices are likely to keep rallying upward when price breaks above resistance.
Silver turns bullish towards 64.5 as indicators favor bulls.
DRAPEAU HAUSSIER
Argent
XAG/USD
1H
There is a bullish flag poping up.
A bullish flag identifies a specific bullish price indicator that can be used to signal a change in price direction in case if price breaks out to the the upside.
Silver dives out bearish trendline towards 64 as the wind continues blowing in favor of silver.
CANAL ASCENDANT
Argent
XAG/USD
4H
It seems like an ascending channel has been discovered, silver needs next fall as an information of a breakdown.
An ascending channel is believed to be a useful bearish chart signal that can be used to predict a bullish-to-bearish trend reversal in case if price breakdown occurs.
Silver now looks to the 63 zone as the commodity becomes vulnerable.
CANAL ASCENDANT
Argent
XAG/USD
1H
There is an ascending channel arising and silver requires further active fall as a clue of a breakout.
When price breaks down, the resulting move could predict a sharp decline.
Silver to extend the fall towards 62 on a downside break as silver keeps the bid tone.
TRIANGLE ASCENDANT
Argent
XAG/USD
1H
It looks like an ascending triangle is close to being done and the price requires a more move as a clue of a breakout.
An ascending triangle describes a compelling price signal that can be used to predict a bullish move once price breaks out to the the upside.
Silver tests a move to 64.5 as silver becomes supported.
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