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 - Daily - Technical analysis published on 01/14/2025 (GMT)

Timeframe : Daily
- Analysis generated on
Status : IN PROGRESS...

Summary of the analysis

Trends

Short term: Bearish

Underlying: Strongly bearish

Technical indicators

39%

17%

44%

My opinion

Bearish under

My targets

()

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 . Crossing the first support at would be a sign of a further potential price plummet. Sellers would then use the next support located at as an objective. Crossing it would then enable sellers to target . Caution, a return to above the resistance located at 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.

Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.

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 price is 29.73 USD. On the day, this instrument gained +0.17% and was between 29.51 USD and 29.87 USD. This implies that the price is at +0.75% from its lowest and at -0.47% from its highest.

29.51

29.87

29.73

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

Bearish opening

Type : Bearish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

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

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 SILVER - USD in Daily shows a overall strongly 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. An assessment of moving averages reveals a bearish signal that could impact this trend:

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : Daily

An assessment of technical indicators shows a slightly bullish signal.
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

Momentum indicator is back under 0

Type : Bearish

Timeframe : Daily

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

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	20.68	26.20	28.26	29.73	29.77	31.38	32.02
Change (%)	-30.44%	-11.87%	-4.94%	-	+0.13%	+5.55%	+7.70%
Change	-9.05	-3.53	-1.47	-	+0.04	+1.65	+2.29
Level	Intermediate	Major	Major	-	Major	Major	Minor

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

Technical indicators

Moving averages

RSI (14):	45.16
MACD (12,26,9):	-0.2000
Directional Movement:	-3.76
AROON (14):	50.00
DEMA (21):	29.64
Parabolic SAR (0,02-0,02-0,2):	28.92
Elder Ray (13):	-0.18
Super Trend (3,10):	30.92
Zig ZAG (10):	29.68
VORTEX (21):	0.9000
Stochastique (14,3,5):	60.70
TEMA (21):	29.73
Williams %R (14):	-52.63
Chande Momentum Oscillator (20):	-0.11
Repulse (5,40,3):	-1.6400
ROCnROLL:	2
TRIX (15,9):	-0.1500
Courbe Coppock:	1.07

MA7:	30.00
MA20:	29.72
MA50:	30.51
MA100:	30.83
MAexp7:	29.87
MAexp20:	29.96
MAexp50:	30.39
MAexp100:	30.33
Price / MA7:	-0.90%
Price / MA20:	+0.03%
Price / MA50:	-2.56%
Price / MA100:	-3.57%
Price / MAexp7:	-0.47%
Price / MAexp20:	-0.77%
Price / MAexp50:	-2.17%
Price / MAexp100:	-1.98%

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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