Luettis

Silver shows weakness

TVC:SILVER   CFDs on Silver (US$ / OZ)
Silver has not only left the negative trend channel to the bottom but also has had a bearish engulfing (2018-07-13) just after having a small recovering.
There is a new support line, parallel to the existing trend channel and this should not be broken.

RSI is in bearish zone, the trend shows a sideways move.
MACD is clearly negative.

To give new bullish signals Silver has to jump again into the trend channel, break the trend line (dotted), RSI has to turn up and MACD has to be triggered.

The big picture for silver stays negative as well (weekly candles).

For the moment to reason to invest but also no shorting.

This no trading advice!

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out