Silver (XAGUSD) Down 2.41%, in an Uptrend Over Past 14 Days; Pin Bar Pattern Appearing on Chart
The silver price is disgusting 30+% above premium for shops that do have it.
Silver
(Last Updated May 21, 2020)
Hello! This is the news page for Silver. Below you’ll find our daily market updates. Here’s a technical analysis summary of where things currently stand:
The Trend
As for trends on XAGUSD, we’re seeing an uptrend on shorter timeframes — but a downtrend on the 90 day timeframe. The countertrend on the shorter timeframe may provide an opportunity to sell for those interested in playing the longer term trend.
XAGUSD Moving Averages
XAGUSD’s moving averages tell a multi-facted story about its trend. Out of the moving averages we’re monitoring (20, 50, 100, and 200 days), all but the 100 are bullish, suggesting the trend is generally upward, aside from a drop about 3 months prior.
The chart below illustrates.
Silver (XAGUSD) Up 0.93%, Pin Bar Pattern Appearing on Chart; And A Story About Streible
This is the time for precious metals investors to start stacking silver!
Silver (XAGUSD) Breaks Above 200 Day Average, Pin Bar Pattern Appearing on Chart; And A Story About Streible
I have kitco’s gold live app on phone so data on my selected metal is always visible on top of screen in small print.
Silver (XAGUSD) Tops All metals, Up 4.66%; Crosses 100 Day Moving Average
Wonder if powell says something on 60 minutes to hint at this?
Silver (XAGUSD) Up 1.43%; Pin Bar Pattern Appearing on Chart
For another vantage point, consider that silver’s price has gone up 7 of the previous 14 trading days.
Silver (XAGUSD) Tops All metals, Up 1.08%; Pin Bar Pattern Appearing on Chart
Or to view things another way, note that out of the past 30 days silver’s price has gone up 16 them.
Silver (XAGUSD) Down 0.17%; Pin Bar Pattern Appearing on Chart
For another vantage point, consider that silver’s price has gone down 8 of the previous 14 trading days.
Silver (XAGUSD) Up 0.08%; Doji and Pin Bar Patterns Appearing on Chart
Out of the 5 instruments in the metals asset class, silver ended up ranking 2nd for the day in terms of price change relative to the day prior.
Silver (XAGUSD) Down 0.32%; in a Downtrend Over Past 90 Days
It’s the producer with the highest leverage to silver price.
Silver (XAGUSD) Makes Big Move Relative to Two Week Trend, Up 2.48%; Pin Bar Pattern Appearing on Chart
Traders will also want to note, though, that a counter trend — meaning a trend going up — can be seen on the 30 day timeframe.