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 12/18/2024 (GMT)

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

Summary of the analysis

Trends

Short term: Bearish

Underlying: Strongly bearish

Technical indicators

33%

My opinion

Bearish under 30.42 USD

My targets

30.24 USD (-0.50%)

29.96 USD (-1.41%)

My analysis

The bearish basic trend is very strong on SILVER - USD but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 30.42 USD. Crossing the first support at 30.24 USD would be a sign of a further potential price plummet. Sellers would then use the next support located at 29.96 USD as an objective. Crossing it would then enable sellers to target 29.78 USD. Caution, a return to above the resistance located at 30.42 USD would be a sign of a possible consolidation phase of the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.

Force

4.8

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 30.39 USD. The price registered a decrease of -0.39% on the session and was traded between 30.34 USD and 30.58 USD over the period. The price is currently at +0.16% from its lowest and -0.62% from its highest.

30.34

30.58

30.39

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

The study of the highest / lowest by the Central Records scanner shows the following result:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in 15 min. of this SILVER - USD chart shows a sharp bearish trend. 82.14% of the signals given by moving averages are bearish. This strongly bearish trend is showing signs of slowing down given the slightly bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, of the 18 technical indicators analysed by Central Analyzer, 6 are bullish, 6 are neutral and 6 are bearish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator: bullish divergence

Type : Bullish

Timeframe : 15 minutes

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 15 minutes

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	28.26	29.77	30.29	30.39	30.46	30.87	31.49
Change (%)	-7.01%	-2.04%	-0.33%	-	+0.23%	+1.58%	+3.62%
Change	-2.13	-0.62	-0.10	-	+0.07	+0.48	+1.10
Level	Intermediate	Intermediate	Intermediate	-	Minor	Minor	Minor

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	29.78	29.96	30.24	30.42	30.70	30.88	31.16
Camarilla	30.38	30.43	30.47	30.51	30.55	30.59	30.64
Woodie	29.82	29.99	30.28	30.45	30.74	30.91	31.20
Fibonacci	29.96	30.14	30.25	30.42	30.60	30.71	30.88

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	27.74	29.02	29.79	31.07	31.84	33.12	33.89
Camarilla	30.01	30.19	30.38	30.57	30.76	30.95	31.13
Woodie	27.50	28.89	29.55	30.94	31.60	32.99	33.65
Fibonacci	29.02	29.80	30.28	31.07	31.85	32.33	33.12

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 is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	41.81
MACD (12,26,9):	-0.0200
Directional Movement:	-7.08
AROON (14):	-64.29
DEMA (21):	30.39
Parabolic SAR (0,02-0,02-0,2):	30.34
Elder Ray (13):	-0.03
Super Trend (3,10):	30.52
Zig ZAG (10):	30.37
VORTEX (21):	0.9900
Stochastique (14,3,5):	37.78
TEMA (21):	30.39
Williams %R (14):	-50.00
Chande Momentum Oscillator (20):	-0.02
Repulse (5,40,3):	0.0300
ROCnROLL:	2
TRIX (15,9):	-0.0100
Courbe Coppock:	0.23

MA7:	30.96
MA20:	30.87
MA50:	31.64
MA100:	30.61
MAexp7:	30.40
MAexp20:	30.41
MAexp50:	30.43
MAexp100:	30.44
Price / MA7:	-1.84%
Price / MA20:	-1.55%
Price / MA50:	-3.95%
Price / MA100:	-0.72%
Price / MAexp7:	-0.03%
Price / MAexp20:	-0.07%
Price / MAexp50:	-0.13%
Price / MAexp100:	-0.16%

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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