SILVER - USD

- USD (-)

- Real time data - Gold & Silver Spot

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Change:	-
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Type:	Commodities
Ticker:	XAGUSD
ISIN:

SILVER - USD - 1H - Technical analysis published on 01/14/2025 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Neutral

Underlying: Strongly bearish

Technical indicators

33%

22%

44%

My opinion

Bearish under 29.99 USD

My targets

29.50 USD (-0.74%)

29.16 USD (-1.88%)

My analysis

The basic trend is very bearish on SILVER - USD but buyers need to catch their breath in the short term. In a case like this, you could favour trades in the direction of the trend on SILVER - USD. As long as you stay below the resistance 29.99 USD, sellers' retain the upper hand. A break in the support at 29.50 USD would be a signal that the basic trend will reverse. Sellers would then use the next support located at 29.16 USD as an objective. Crossing it would then enable sellers to target 28.89 USD. If the price were to depress the resistance 29.99 USD in the short term, this would be a sign of possible consolidation in the short term, but against the trend trading would then perhaps be more risky. On the other hand, we could expect signals of a 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

3.9

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 Barts_XV. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The SILVER - USD rating is 29.72 USD. The price has increased by +0.14% since the last closing and was between 29.51 USD and 29.87 USD. This implies that the price is at +0.71% from its lowest and at -0.50% from its highest.

29.51

29.87

29.72

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

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

The Central Records scanner for higher/lower results shows the following items:

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of SILVER - USD indicates that the overall trend is strongly bearish. 82.14% of the signals given by moving averages are bearish. Caution: this global trend is showing signs of running out of steam given the neutral signals of short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Other results related to technical indicators were also found by the Central Indicators scanner:

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

Williams %R indicator is back under -50

Type : Bearish

Timeframe : 1 hour

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	28.89	29.16	29.50	29.72	29.77	29.99	30.35
Change (%)	-2.79%	-1.88%	-0.74%	-	+0.17%	+0.91%	+2.12%
Change	-0.83	-0.56	-0.22	-	+0.05	+0.27	+0.63
Level	Intermediate	Minor	Major	-	Major	Intermediate	Intermediate

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	28.26	28.88	29.28	29.90	30.30	30.92	31.32
Camarilla	29.40	29.49	29.59	29.68	29.77	29.87	29.96
Woodie	28.15	28.83	29.17	29.85	30.19	30.87	31.21
Fibonacci	28.88	29.27	29.51	29.90	30.29	30.53	30.92

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):	43.91
MACD (12,26,9):	-0.0700
Directional Movement:	-10.62
AROON (14):	0
DEMA (21):	29.62
Parabolic SAR (0,02-0,02-0,2):	29.86
Elder Ray (13):	-0.01
Super Trend (3,10):	29.98
Zig ZAG (10):	29.67
VORTEX (21):	1.0400
Stochastique (14,3,5):	50.00
TEMA (21):	29.65
Williams %R (14):	-52.78
Chande Momentum Oscillator (20):	0.00
Repulse (5,40,3):	0.0100
ROCnROLL:	2
TRIX (15,9):	-0.0500
Courbe Coppock:	0.39

MA7:	30.00
MA20:	29.72
MA50:	30.51
MA100:	30.83
MAexp7:	29.69
MAexp20:	29.73
MAexp50:	29.89
MAexp100:	29.96
Price / MA7:	-0.93%
Price / MA20:	-0%
Price / MA50:	-2.59%
Price / MA100:	-3.60%
Price / MAexp7:	+0.10%
Price / MAexp20:	-0.03%
Price / MAexp50:	-0.57%
Price / MAexp100:	-0.80%

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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