empty
 
 
05.05.2023 03:08 PM
Technical analysis on Silver for May 5th, 2023.

This image is no longer relevant

Green lines- bearish RSI divergence

Blue rectangle- support

Yellow rectangles- major tops with same overbought RSI conditions

Silver made a new 2023 higher high yesterday. The RSI is not following. The RSI is giving bearish RSI divergence signals. This is an important warning. The last time RSI of Silver price was this overbought and turned lower, we were forming a major top back in 2022 and price decline from $26.90 to $18. Silver is under pressure today showing rejection signs when price tried to break to new highs. Silver trend remains bullish as long as price is above the blue rectangle support area at $24.50. A break below this level will confirm a top is in and that trend is reversing to bearish. Bulls need to be very cautious.

Jana pendapatan melalui perubahan kadar mata wang kripto dengan InstaForex.
Muat turun MetaTrader 4 dan buka dagangan pertama anda.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    SERTAI PERADUAN
  • Chancy Deposit
    Deposit akaun anda sebanyak $3,000 dan dapatkan $6000 lebih lagi!
    Dalam Diseember kami membuat cabutan bertuah $6000 dalam Kempen Chancy Deposit!
    Dapatkan peluang untuk menang dengan membuat deposit $ 3000 ke dalam akaun dagangan. Setelah memenuhi syarat ini, anda menjadi peserta kempen.
    SERTAI PERADUAN
  • Trade Wise, Win Device
    Daftar untuk peraduan dan tambah dana akaun anda dengan sekurang-kurangnya AS$ 500 untuk layak memenangi peranti mudah alih.
    SERTAI PERADUAN
  • Bonus 100%
    Peluang istimewa anda untuk menerima bonus 100% pada deposit anda
    DAPATKAN BONUS
  • Bonus 55%
    Dapatkan bonus 55% pada setiap deposit anda
    DAPATKAN BONUS
  • Bonus 30%
    Dapatkan bonus 30% setiap kali anda membuat penambahan dana akaun anda
    DAPATKAN BONUS

Artikel yang dicadangkan

Tidak boleh bertanya sekarang?
Tanya soalan anda di Ruangan bersembang.
Panggilan semula Widget