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Silver starting to break out nicely, watch for strong bullishness!

Silver (XAGUSD) has broken out of our long term descending resistance-turned-support line signaling that there’s strong potential bullishness. Our 1st major support is at 16.66 (Fibonacci retracement,...

Silver testing major resistance, potential drop from here!

Silver (XAGUSD) is testing major resistance at 16.63 (Fibonacci retracement, horizontal overlap resistance, descending resistance) and a strong reaction could occur at this level to push price down...

Silver now testing strong support, watch for a potential bounce!

Silver is now testing major support at 16.63 (Fibonacci retracement, Fibonacci extension, horizontal overlap support) and a strong bounce could occur at this level to push price up towards 16.96...

Silver is testing major resistance, watch for a potential reversal

Silver has been rising strong and is now testing major 50% resistance at 16.91 (Fibonacci retracement, Elliott wave structure, horizontal swing high resistance) and a strong reaction could...

Silver right on major resistance, watch for a potential reversal!

Silver is now testing major resistance at 16.56 (Fibonacci retracement, Fibonacci extension, horizontal pullback resistance, Elliott wave corrective structure) and a strong reaction could occur at...

Silver testing major resistance, prepare for a potential reversal

Silver continues to test major resistance at 17.03 (Fibonacci retracement, breakout area) and a potential reversal could occur at this level. We can see that price has made a bearish exit of our long...

Silver testing major resistance, prepare for a potential reversal

Silver continues to test major resistance at 17.03 (Fibonacci retracement, breakout area) and a potential reversal could occur at this level. We can see that price has made a bearish exit of our long...

Silver testing major resistance, prepare for a potentially strong drop

Silver has broken our long term ascending support-turned-resistance line stretching all the way back to December 2017 and has made a pullback to this level. This is always a good sign that bears are...

Silver on pullback resistance, possible re-entry point

Silver has broken our long term ascending support-turned-resistance line stretching all the way back to December 2017 and has made a pullback to this level. This is always a good sign that bears are...