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A cup and handle pattern is a bullish continuation pattern that represents a period of consolidation followed by an eventual breakout, which is the continuation of the previous trend. Typically these ...
Should it occur, a decisive break above $50 silver would complete an epic, 45-year cup-and-handle pattern, and market technicians would then look for a slingshot move higher from there. Zooming into a ...
Both gold and silver have been in healthy sideways consolidations, taking a breather after strong runs earlier this year. About a month ago, silver finally broke out above two key resistance zones ...
Silver demand is increasing due to its growing use in renewable energy, electronics, and electric vehicles. The lower interest rates environment and weaker U.S. dollar support the silver prices.
As silver navigates through consolidation, the convergence of moving averages points to a looming burst of volatility, possibly marking the end of an extended period of subdued price action. A narrow ...
Silver price is still probably forming a Bear Flag pattern on the 4-hour chart. The pattern indicates a probable continuation of the bearish trend to targets substantially lower. Support from a ...
The cyclical bear market in Silver is serving its purpose. Its correcting and digesting the 6-fold advance that took place in less than two and a half years. A similar correction took place in the mid ...
Silver price may have formed a Bear Flag pattern on the 4-hour chart. The pattern suggests a continuation of the bearish trend to targets substantially lower. Support from a relic of long-term support ...