Technical & Trade View
Silver Futures
Trade View
Bias: Bullish Above Bearish below 19.90
Technicals
Primary resistance is 21.65 watch for bearish reversal patterns here
Primary pattern objective is 19.90
Acceptance below 20.50 next pattern confirmation
Acceptance above 21.70 opens a test of 22.10
20 Day VWAP bearish , 5 Day VWAP bullish
Options Expiries for today’s New York cut N/A
Institutional Insights
Analysts at Bank of America note ‘The silver market has rebalanced on production discipline and demand from new applications including solar panels. Industrial demand to keep facing headwinds as the global economy lows, but demand from solar and EV to be supportive. If more spending on solar panels come through, silver should rally above $31/o
Silver Futures
Trade View
Bias: Bullish Above Bearish below 19.90
Technicals
Primary resistance is 21.65 watch for bearish reversal patterns here
Primary pattern objective is 19.90
Acceptance below 20.50 next pattern confirmation
Acceptance above 21.70 opens a test of 22.10
20 Day VWAP bearish , 5 Day VWAP bullish
Options Expiries for today’s New York cut N/A
Institutional Insights
Analysts at Bank of America note ‘The silver market has rebalanced on production discipline and demand from new applications including solar panels. Industrial demand to keep facing headwinds as the global economy lows, but demand from solar and EV to be supportive. If more spending on solar panels come through, silver should rally above $31/o
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。