- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- Silver Price Analysis: Silver is now probably in an uptrend
Silver Price Analysis: Silver is now probably in an uptrend
- Silver price has probably reversed its short-term downtrend and begun a new uptrend.
- It has broken above the May 7 highs – a key sign the short-term trend has reversed.
- The possibility now exists for the precious metal to rise back up towards the $30.00 mark.
Silver (XAG/USD) price might well have changed trend in the short-term after breaking above the key May 7 highs at $27.51.
The change of trend is significant because of the old saying that “the trend is your friend” – the environment now probably favors longs over shorts.
4-hour Chart
Silver has risen strongly since bottoming at the beginning of May. It has broken above the last higher low of the downtrend and breached all the major moving averages – the 50, 100 and 200 Simple Moving Averages (SMA). Bullish momentum has been strong during the up move. The sequence of higher highs and higher lows – of peaks and troughs – is now also rising rather than falling.
The break above the May 7 highs now signals the likelihood of a continuation higher. The first upside target lies at $27.74, and this has almost been met. The next target after that lies at around $28.80 where the consolidation that formed the multiple Head and Shoulders price pattern in the first half of April is concentrated. Beyond that there is the possibility of a retest of the $30.00 long-term range highs.
© 2000-2024. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.
Банковни транcфери
