Silver (XAGUSD) Up $0.1 Over Past 4 Hours, Started Today Up 0.2%; Pin Bar Pattern Appearing on Chart – CFDTrading

Silver 4 Hour Price Update

Updated November 26, 2020 01:56 AM GMT (09:56 PM EST)

The back and forth price flow continues for Silver, which started the current 4 hour candle off at 23.348 US dollars, up 0.41% ($0.1) from the last 4 hour candle. 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 entered today at $23.3, up 0.2% ($0.05) from the previous day. Relative to other instruments in the metals asset class, Silver ranked 2nd since the previous day in terms of percentage price change. Below is a daily price chart of Silver.

XAGUSD

Silver Technical Analysis

The clearest trend exists on the 14 day timeframe, which shows price moving down over that time. Or to view things another way, note that out of the past 30 days Silver’s price has gone up 16 them. And for candlestick traders, a special treat: there is a pin bar pattern showing up on the charts as well. Rejoice!

Overheard on Twitter

Behold! Here are the top tweets related to Silver:

  • From Buy100ozSilver:

    We don’t need gold/silver price itself to increase, more important it stabilises/consolidates. At say $1800Au $22Ag and $50 oil that is plenty for quality companies to build value. Don’t care about the volatility in the equities otherwise, its just opportunity.

  • From InvResDynamics:

    @SilverDoctors NO. This price action is 100% a paper gold/silver price control operation.

  • From silverquote:

    New York Globex #Silver #Price Close: $23.35 USD per oz 2020-11-25 17:15:18 EST

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