FXEmpirecom

FXEmpirecom

Silver settled above the resistance at $28.30 and made an attempt to get to the test of the next resistance level at $28.90. RSI is close to the overbought territory, but there is plenty of room to gain additional upside momentum in case the right catalysts emerge. If silver manages to settle above the resistance at $28.90, it will head towards the next...

FXEmpirecom

Silver managed to settle above the resistance at $27.50 and is testing the next resistance level at $27.75. In case this test is successful, silver will move towards the resistance at $28.30. RSI is in the moderate territory so there is plenty of room to gain additional momentum in case the right catalysts emerge. In addition, there are no important levels...

FXEmpirecom

Silver settled above the resistance at $27.00 and is trying to get above the next resistance level at $27.50. In case this attempt is successful, silver will move towards the resistance at $27.75. A successful test of this level will push silver towards the resistance at $28.30. If silver manages to settle above $28.30, it will head towards the resistance at...

FXEmpirecom

Silver is currently testing the support at $27.00. If this test is successful, silver will move towards the next support level which is located near the 20 EMA at $26.65. A move below this level will push silver towards the support at $26.30. The 50 EMA is in the nearby, at $26.20, so silver will likely get material support in the $26.20 - $26.30 area. If silver...

FXEmpirecom

Silver managed to get below the support at $27.50 and continues to move lower. The next support level is located at $27.00. If silver settles below this level, it will head towards the support at $26.65. A move below the support at $26.65 will open the way to the test of the next support at the 20 EMA at $26.45. If silver declines below the 20 EMA, it will move...

FXEmpirecom

Silver managed to settle above the resistance at $27.50 and is testing the next resistance level at $27.75. In case this test is successful, silver will move towards the resistance at $28.30. A move above the resistance at $28.30 will push silver towards the resistance level which is located at $28.90. There are no important levels between $28.30 and $28.90 so...

FXEmpirecom

Silver managed to settle above the resistance at $27.00 and made an attempt to settle above the next resistance level at $27.50. Dollar's weakness after disappointing Non Farm Payrolls report served as the main catalyst for the move, and the continuation of dollar's downside trend may help silver to get above the resistance at $27.50. In this case, silver will...

FXEmpirecom

Silver managed to get above the resistance at $27.00 and is trying to gain additional upside momentum. If silver settles above this level, it will move towards the resistance at $27.50. RSI remains in the moderate territory, and there is plenty of room to gain additional upside momentum in case the right catalysts emerge.  A successful test of the resistance at...

FXEmpirecom

Silver settled above the resistance at $26.65 and is trying to get above the next resistance level at $27.00. In case this attempt is successful, silver will head towards the next resistance which is located at $27.50. A move above the resistance at $27.50 will push silver towards the next resistance level at $27.75. If silver manages to settle above this level,...

FXEmpirecom

Silver gained upside momentum at the start of the week and is trying to settle above the major resistance at $26.30. RSI is in the moderate territory, and there is plenty of room to gain additional momentum in case the right catalysts emerge. In case silver settles above $26.30, it will get to the test of the next resistance level at $26.65. A move above this...

FXEmpirecom

The technical picture for silver has not changed in recent trading sessions. Silver continues to trade in the range between the support at $25.80 and the resistance at $26.30 and needs to get out of this range to gain more momentum. If silver settles above the resistance at $26.30, it will move towards the resistance at $26.65. A move above this level will push...

FXEmpirecom

Silver did not manage to settle above the resistance at $26.30 and is testing the support level at the 50 EMA at $25.80. This support level has already been tested many times and proved its strength. However, silver had decent chances to get below this level as Treasury yields have moved higher in recent trading sessions. If silver settles below the 50 EMA, it...

FXEmpirecom

Silver failed to settle above the resistance at $26.30 and pulled back closer to the support level which is located at the 50 EMA at $25.80. The 20 EMA is located at the same level, so silver will likely get material support in the $25.75 - $25.85 area. A move below this support area will open the way to the test of the next support at $25.55. If silver manages...

FXEmpirecom

Silver is currently testing the resistance at $26.30. Silver has already made several attempts to settle above this level in recent trading sessions but was not able to develop sustainable upside momentum. A move above the resistance at $26.30 will open the way to the test of the next resistance at $26.65. In case silver gets above $26.65, it will continue its...

FXEmpirecom

Silver did not manage to settle below the support at $25.85 and stays in the range between $25.85 and the resistance at $26.30. If silver settles above the high end of this range, it will head towards the next resistance level at $26.65. This resistance level has been tested several times and proved its strength.  A successful test of the resistance at $26.65...

FXEmpirecom

Silver managed to stay above the support at $25.85 and is trying to get above the resistance at $26.30. In case this attempt is successful, silver will move towards the next resistance level at $26.65 which has been tested in recent trading sessions and proved its strength. If silver manages to settle above this level, it will move towards the resistance at...

FXEmpirecom

Silver failed to settle above the resistance at $26.65 and declined towards the support at $26.30. In case silver manages to settle below this level, it will head towards the next support at $25.85. A successful test of the support at $25.85 will push silver towards the 50 EMA at $25.75. The 20 EMA is located in the nearby so silver will likely get material...

FXEmpirecom

Silver gained strong upside momentum and is trying to settle above the resistance at $26.25 - $26.30. RSI remains in the moderate territory, and there is plenty of room to gain additional momentum in case the right catalysts emerge. If silver settles above $26.30, it will move towards the next resistance level which is located at $26.65. In case silver manages to...