Silver (XAGUSD) Up $0.17 in Last 4 Hours, Moves Up For the 2nd Day In A Row; in an Uptrend Over Past 14 Days

Silver 4 Hour Price Update

Updated July 07, 2020 07:18 AM GMT (03:18 AM EST)

Silver came into the current 4 hour candle up 0.94% ($0.17) from the open of the previous 4 hours, marking the 2nd candle in a row an increase has occurred. Out of the 5 instruments in the metals asset class, Silver ended up ranking 3rd for the four-hour candle in terms of price change relative to the previous 4 hours.

Silver Daily Price Recap

Silver came into today up 1.42% ($0.26) from the open of the day prior, marking the 2nd day in a row it has gone up. Out of the 5 instruments in the metals asset class, Silver ended up ranking 3rd for the day in terms of price change relative to the day prior. The daily price chart of Silver below illustrates.

Silver Technical Analysis

Trend traders will want to observe that the strongest trend appears on the 14 day horizon; over that time period, price has been moving up. For additional context, note that price has gone up 6 out of the past 10 days. Also, candlestick traders! Note we see pin bar pattern appearing here as well.

Overheard on Twitter

Behold! Here are the top tweets related to Silver:

  • From montefalco00:

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  • From DigitalFrontQ:

    @TheFedIsDone @Sombra65810427 @SantaSurfing @ALLIN20205 @PatriotRodSteel @VeteransAlways_ You won’t have to wait long on the true silver price, this ain’t no waiting 20 years for it to rise lol.

  • From louisasGAs:

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    *DM FOR THE ACTUAL PIC
    *DISCOUNT IS APPLICABLE IF YOU BUY 5 AND ABOVE
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