Silver (XAGUSD) Down $0.17 Over Past 4 Hours, Entered Today Down 1.09%; Doji and Pin Bar Patterns Appearing on Chart – CFDTrading

Silver 4 Hour Price Update

Updated October 27, 2020 03:17 AM GMT (11:17 PM EST)

Silver came into the current 4 hour candle down 1.09% ($0.27) from the open of the last 4 hour candle, marking the 3rd straight candle a decrease has occurred. Relative to other instruments in the metals asset class, Silver ranked 2nd since the last 4 hour candle in terms of percentage price change.

Silver Daily Price Recap

Silver is down 1.09% ($0.27) since yesterday, marking the 3rd consecutive day a decrease has occurred. Relative to other instruments in the metals asset class, Silver ranked 2nd since yesterday in terms of percentage price change. Here is a daily price chart of Silver.

XAGUSD

Silver Technical Analysis

Volatility for Silver has been contracting over the past two weeks relative to volatility over the past month. Whether volatility reverts will be something to watch. The clearest trend exists on the 90 day timeframe, which shows price moving up over that time. Or to view things another way, note that out of the past 10 days Silver’s price has gone up 5 them. And for candlestick traders, a special treat: there are doji and pin bar patterns showing up on the charts as well. Rejoice!

Overheard on Twitter

Behold! Here are the top tweets related to Silver:

  • From silverquote:

    Hong Kong #Silver #Price Morning Session Open: $24.43 USD per oz 2020-10-26 08:30:18 HKT

  • From michaelmhyatt:

    @Guv999 Guilty as charged, also checking Silver price too

For a longer news piece related to XAGUSD that’s been generating discussion, check out:

Gold price falls, silver rates at Rs 61,400- Business News

Gold, Silver prices today: Gold, viewed as a hedge against inflation and currency debasement has risen over 25% this year, supported by unprecedented monetary stimulus from major central banks Gold, Silver prices in India on October 26: Gold price lost ground in the Indian commodity market on Monday tracking weakness from overseas and traded near the key psychological level of Rs 50K….In a volatile trading session, Gold October Futures on the Multi Commodity Exchange fell by Rs 230 to trade near day’s low of Rs 50,600, after hitting an intraday high of Rs 50,720.

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