SILVER - USD

- USD (-)

- Real time data - Gold & Silver Spot

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Type:	Commodities
Ticker:	XAGUSD
ISIN:

SILVER - USD - 15 min. - Technical analysis published on 12/12/2024 (GMT)

Timeframe : 15 min.
- Analysis generated on
Status : NEUTRAL

Summary of the analysis

Trends

Short term: Bearish

Underlying: Slightly bullish

Technical indicators

17%

28%

56%

My opinion

Neutral between 31.55 USD and 32.25 USD

My targets

My analysis

The short-term decline on SILVER - USD remains moderate but it could call into question the slightly bullish basic trend. It is difficult to advise a trading direction under these conditions. The first support is located at 31.55 USD. The first resistance is located at 32.25 USD. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.

In the very short term, the neutral opinion of this analysis is confirmed by technical indicators which are also neutral.

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Noreir. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The SILVER - USD price is 31.86 USD. The price is lower by -0.22% since the last closing with the lowest point at 31.81 USD and the highest point at 32.34 USD. The deviation from the price is +0.16% for the low point and -1.48% for the high point.

31.81

32.34

31.86

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by SILVER - USD:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this 15 min. chart of SILVER - USD indicates that the overall trend is slightly bullish. Only 60.71% of the signals given by moving averages are bullish. This slightly bullish trend could turn neutral or reverse given the slightly bearish signals currently being given by short-term moving averages. An assessment of moving averages reveals several bearish signals that could impact this trend:

Bearish trend reversal : Moving Average 20

Type : Bearish

Timeframe : 15 minutes

Bearish trend reversal : adaptative moving average 50

Type : Bearish

Timeframe : 15 minutes

Bearish trend reversal : adaptative moving average 100

Type : Bearish

Timeframe : 15 minutes

Bearish price crossover with Moving Average 100

Type : Bearish

Timeframe : 15 minutes

In fact, of the 18 technical indicators analysed by Central Analyzer, 3 are bullish, 10 are neutral and 5 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

RSI indicator is back under 50

Type : Bearish

Timeframe : 15 minutes

Price is back under the pivot point

Type : Bearish

Timeframe : 15 minutes

The analysis of the price chart with Central Patterns scanners does not return any result.

The presence of these Japanese chandelier patterns detected by Central Candlesticks that could impact the current short-term trend were also noted:

Bullish harami

Type : Bullish

Timeframe : 15 minutes

Bullish harami cross

Type : Bullish

Timeframe : 15 minutes

Doji

Type : Neutral

Timeframe : 15 minutes

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	30.46	30.91	31.48	31.86	32.06	32.28	33.67
Change (%)	-4.39%	-2.98%	-1.19%	-	+0.63%	+1.32%	+5.68%
Change	-1.40	-0.95	-0.38	-	+0.20	+0.42	+1.81
Level	Minor	Minor	Major	-	Major	Intermediate	Minor

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	30.85	31.17	31.55	31.87	32.25	32.57	32.95
Camarilla	31.74	31.80	31.87	31.93	31.99	32.06	32.12
Woodie	30.88	31.19	31.58	31.89	32.28	32.59	32.98
Fibonacci	31.17	31.44	31.60	31.87	32.14	32.30	32.57

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	28.79	29.42	30.21	30.84	31.63	32.26	33.05
Camarilla	30.61	30.74	30.87	31.00	31.13	31.26	31.39
Woodie	28.87	29.46	30.29	30.88	31.71	32.30	33.13
Fibonacci	29.42	29.96	30.30	30.84	31.38	31.72	32.26

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	25.62	27.62	29.11	31.11	32.60	34.60	36.09
Camarilla	29.63	29.95	30.27	30.59	30.91	31.23	31.55
Woodie	25.36	27.49	28.85	30.98	32.34	34.47	35.83
Fibonacci	27.62	28.96	29.78	31.11	32.45	33.27	34.60

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	49.52
MACD (12,26,9):	0.0200
Directional Movement:	2.54
AROON (14):	-42.85
DEMA (21):	32.18
Parabolic SAR (0,02-0,02-0,2):	32.33
Elder Ray (13):	-0.05
Super Trend (3,10):	32.04
Zig ZAG (10):	32.14
VORTEX (21):	1.0100
Stochastique (14,3,5):	26.44
TEMA (21):	32.16
Williams %R (14):	-79.31
Chande Momentum Oscillator (20):	-0.02
Repulse (5,40,3):	-0.2000
ROCnROLL:	-1
TRIX (15,9):	0.0200
Courbe Coppock:	0.02

MA7:	31.63
MA20:	31.01
MA50:	31.72
MA100:	30.54
MAexp7:	32.13
MAexp20:	32.14
MAexp50:	32.07
MAexp100:	32.00
Price / MA7:	+0.73%
Price / MA20:	+2.74%
Price / MA50:	+0.44%
Price / MA100:	+4.32%
Price / MAexp7:	-0.84%
Price / MAexp20:	-0.87%
Price / MAexp50:	-0.65%
Price / MAexp100:	-0.44%

Quotes : - Real time data - Gold & Silver Spot

News

The latest news and videos published on SILVER - USD at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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