Silver
3/8/2022
Note: We advise caution in trading due to the presence of high fluctuations and instability in prices, as a result of the increase in Russian-Ukrainian political tensions.
Silver is positively stable as we mentioned before Silver price managed to rise yesterday and retest the level of 25.90, stable at 25.35 now, and based on the following:
-
The continuation of the Russian-Ukrainian military operation
Close the daily candle above 25.00
The stochastic indicator continues to provide positive signals
The moving average 50 continues to carry the price from below
previously :
We expect the bullish wave to continue and to retest the level of 25.80- 26.10 - 26.50 - 27.00, provided it remains above 25.40. .
Alternative scenario: breaching the level of 25.00 and stability below it, it will continue to decline to retest the level of 24.60.
Support 25.00
Resistance 26.00
Today's general trend: bullish
3/7/2022
Note: We advise caution in trading due to the presence of high fluctuations and instability in prices, as a result of the increase in Russian-Ukrainian political tensions.
Silver hits the $26 barrier (Achieve all our targets )
Just like we mentioned
Silver price managed to rise significantly at the beginning of the Asian session, and achieved our goals at levels of 25.40 - 25.90 that it is now hovering around, and based on the following:
-
The continuation of the Russian-Ukrainian military operation
Close the daily candle above 25.40
The stochastic indicator continues to provide positive signals
The moving average 50 continues to carry the price from below
previously :
We expect the bullish wave to continue and to retest the level of 26.10 - 26.50 - 27.00, provided it remains above 25.40. .
Alternative scenario: breaching the level of 25.40 and stability below it, it will continue to decline to retest the level of 24.60.
Support 25.40
Resistance 27.00
Today's general trend: bullish
3/4/2022
Note: We advise caution in trading due to the presence of high fluctuations and instability in prices, as a result of the increase in Russian-Ukrainian political tensions.
Silver achieved our goals, still under pressure
Just like we mentioned
Silver price managed to rise yesterday, and it achieved our targets mentioned in the previous report at levels of 25.30 - 25.60, stable at 25.30 now, and based on the following:
Prices are greatly affected by geopolitical factors.
The daily candle closed above 24.30.
Stochastic indicator provides positive signals that support the continuation of the rise
previously :
And based on the continuation of geopolitical tensions, we expect the bullish trend to continue and to retest the levels of - 25.60- 26.00- 26.30 , . Provided it remains above 24.30.
Alternative scenario: breaching the level of 24.30 and consolidating below it, will put the price under negative pressure extending to the level of 23.40.
Support level 24.30
Resistance level 26.00
The general trend expected for today: cautiously bullish
3/3/2022
Note: We advise caution in trading due to the presence of high fluctuations and instability in prices, as a result of the increase in Russian-Ukrainian political tensions.
Silver is positively stable, offering sideways trading
Silver price provided sideways trading yesterday, and managed to retest the 25.40 level, stable at 25.10 now, and based on the following:
Prices are greatly affected by geopolitical factors.
The daily candle closed above 24.30.
Stochastic indicator provides positive signals that support the continuation of the rise
previously :
And based on the continuation of geopolitical tensions, we expect the bullish trend to continue and to retest the levels of 25.30 - 25.60- 26.00 , . Provided it remains above 24.30.
Alternative scenario: breaching the level of 24.30 and consolidating below it, will put the price under negative pressure extending to the level of 23.40.
Support level 24.30
Resistance level 26.00
The general trend expected for today: cautiously bullish
3/2/2022
