SILVER - USD

- USD (-)

- Real time data - Gold & Silver Spot

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Type:	Commodities
Ticker:	XAGUSD
ISIN:

SILVER - USD - Daily - Technical analysis published on 01/13/2025 (GMT)

Timeframe : Daily
- Analysis generated on
Status : NEUTRAL

Summary of the analysis

Trends

Short term: Neutral

Underlying: Slightly bearish

Technical indicators

61%

39%

My opinion

Neutral between 29.77 USD and 31.38 USD

My targets

My analysis

A slightly bearish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first support is located at 29.77 USD. The first resistance is located at 31.38 USD. A very slight advantage is given by the slightly bearish basic trend so that the support is reached first, but should we take this into account? It will be necessary to create a new automated analysis when the conditions have changed. This could be the case, for example, when the first support has been broken below or the first resistance has been broken above.

In the very short term, despite the neutral opinion of this analysis, technical indicators are bullish and could soon allow change to a bullish sentiment.

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

SILVER - USD rating 30.18 USD. On the day, this instrument lost -0.79% and was traded between 30.18 USD and 30.52 USD over the period. The price is currently at 0% from its lowest and -1.11% from its highest.

30.18

30.52

30.18

A study of price movements over other periods shows the following variations:

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

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of SILVER - USD indicates that the overall trend is slightly bearish. 60.71% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the overall trend could quickly return to neutral as well. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 11 technical indicators on 18 studied are currently bullish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

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

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	26.20	28.26	29.77	30.18	31.38	32.06	33.67
Change (%)	-13.19%	-6.36%	-1.36%	-	+3.98%	+6.23%	+11.56%
Change	-3.98	-1.92	-0.41	-	+1.20	+1.88	+3.49
Level	Major	Major	Major	-	Intermediate	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	29.32	29.64	30.03	30.35	30.74	31.06	31.45
Camarilla	30.23	30.29	30.36	30.42	30.49	30.55	30.62
Woodie	29.36	29.66	30.07	30.37	30.78	31.08	31.49
Fibonacci	29.64	29.91	30.08	30.35	30.62	30.79	31.06

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	28.40	28.91	29.66	30.17	30.92	31.43	32.18
Camarilla	30.07	30.19	30.31	30.42	30.54	30.65	30.77
Woodie	28.53	28.97	29.79	30.23	31.05	31.49	32.31
Fibonacci	28.91	29.39	29.69	30.17	30.65	30.95	31.43

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	24.02	26.38	27.62	29.98	31.22	33.58	34.82
Camarilla	27.87	28.20	28.53	28.86	29.19	29.52	29.85
Woodie	23.46	26.10	27.06	29.70	30.66	33.30	34.26
Fibonacci	26.38	27.76	28.61	29.98	31.36	32.21	33.58

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	51.87
MACD (12,26,9):	-0.1500
Directional Movement:	0.84
AROON (14):	50.00
DEMA (21):	29.77
Parabolic SAR (0,02-0,02-0,2):	28.85
Elder Ray (13):	0.37
Super Trend (3,10):	30.92
Zig ZAG (10):	30.26
VORTEX (21):	0.9000
Stochastique (14,3,5):	80.93
TEMA (21):	29.91
Williams %R (14):	-21.58
Chande Momentum Oscillator (20):	0.74
Repulse (5,40,3):	-0.1200
ROCnROLL:	-1
TRIX (15,9):	-0.1600
Courbe Coppock:	1.00

MA7:	30.07
MA20:	29.79
MA50:	30.58
MA100:	30.84
MAexp7:	30.06
MAexp20:	30.05
MAexp50:	30.45
MAexp100:	30.36
Price / MA7:	+0.37%
Price / MA20:	+1.31%
Price / MA50:	-1.31%
Price / MA100:	-2.14%
Price / MAexp7:	+0.40%
Price / MAexp20:	+0.43%
Price / MAexp50:	-0.89%
Price / MAexp100:	-0.59%

Quotes : - Real time data - Gold & Silver Spot

News

The last news published on SILVER - USD at the time of the generation of this analysis was as follows:

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

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