Open:
High:
Low:
Close:
FALLING WEDGE
Perak
XAG/USD
1H
Silver establishes a falling wedge, the price is close to breaking out now.
A falling wedge represents a useful pattern with a downward bias that spots a bullish move when price breaks out to the the upside.
There is a possibility of a bullish price action to the 66.5 mark.
SEGITIGA MENINGKAT
Perak
XAG/USD
1H
It seems like an ascending triangle is close to being finished and the price demands a strong correction as a sign of a breakout.
If price breakdown occurs, the resulting move could predict the more likely potential of falling prices.
Silver to extend the fall to 66.5 once below 67 as there is room for a downside correction.
SALURAN MENAIK
Perak
XAG/USD
1H
It seems like an ascending channel happens, silver demands a next strong move as proof of a breakdown.
An ascending channel identifies a potential reversal in price action once price breakdown occurs.
Silver turns lower to 66.5 as silver probes 66.8 hurdle.
DESCENDING CHANNEL
Perak
XAG/USD
4H
There is a descending channel discovered, the price is ready to break out.
A descending channel signals a bullish price action if price breaks out to the the upside.
There is a probability of a further bullish run towards the 68 zone on a breakout of the descending channel.
FLAG BEARIS
Perak
XAG/USD
1H
It looks like the price gives a bearish flag and silver expects fall as an information of a breakout.
If price breaks out, the move could predict a bearish price move.
It is likely that a move towards 65.5 will form.
SEGITIGA MENINGKAT
Perak
XAG/USD
1H
There is an ascending triangle happening, silver expects a more steady move as evidence of a breakout.
An ascending triangle tends to be a useful bullish chart pattern that is used to predict that the price to go up when price breaks above resistance.
Silver to continue higher to 66 amid rising bets for the move.
FALLING WEDGE
Perak
XAG/USD
1H
There is a falling wedge encountered and the price demands a strong move as a clue of a breakout.
A falling wedge predicts a move up if price breaks through the resistance.
Silver risks a move towards the 65 mark.
FLAG BEARIS
Perak
XAG/USD
1D
A bearish flag turns up, the price is ready to break out now.
When price collapses through the support line, the resulting move could signal a bearish price action.
Silver set to lose more ground to 60.
SEGITIGA MENURUN
Perak
XAG/USD
1H
There is a descending triangle recognized, silver lacks a further move as a sign of a breakout.
In case if price breaks through the support, the resulting move could signal prices are likely to keep falling downward.
Silver risks extending drop to 66 on a breach of 66.4.
Penafian.
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Pendedahan Risiko.
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