SILVER FUTURES TECHNICAL ANALYSIS, NEWS & TRADE SIGNALS

silver technical analysis

SILVER Technical Analysis: Weekly Chart

In the weekly charts, SILVER is trading in an upward channel.

It is trading above all SMAs: MA (5), MA (20), and MA (50).

The immediate support is at 24.584 and the resistance level is at 26.580

SILVER is trading in an upward channel until there is a trend reversal.

SILVER Technical Analysis: Daily Chart

In the weekly charts, SILVER is trading in an upward channel.

It is trading above all SMAs: MA (5), MA (20), and MA (50).

The immediate support is at 25.362 and the resistance level is at 26.112

SILVER is trading in an upward channel until there is a trend reversal.

How to trade SILVER this week:

SILVER is trading in an upward channel until there is a trend reversal and the following opportunity can be taken:

TRADE SUGGESTION: BUY AT 26.606, TAKE PROFIT AT 27.872 AND STOP LOSS AT 25.830

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