Silver (XAGUSD) Down $0.03 On 4 Hour Chart, Entered Today Up 0.23%; Pin Bar Pattern Appearing on Chart – CFDTrading

Gold & Silver

Silver 4 Hour Price Update

Updated July 13, 2020 12:57 AM GMT (08:57 PM EST)

Silver is down 0.17% ($0.03) since the last 4 hour candle, marking a reversal from the candle prior — and the end of a 4 four-hour candle positive run. Out of the 5 instruments in the metals asset class, Silver ended up ranking 3rd for the four-hour candle in terms of price change relative to the last 4 hour candle.

Silver Daily Price Recap

18.712 was the closing price of the day for Silver, resulting in today being one in which price moved up 0.23% ($0.04) from yesterday. Out of the 5 instruments in the metals asset class, Silver ended up ranking 3rd for the day in terms of price change relative to yesterday. Here is a daily price chart of Silver.


Silver Technical Analysis

The clearest trend exists on the 14 day timeframe, which shows price moving up over that time. For another vantage point, consider that Silver’s price has gone up 17 of the previous 30 trading days. And for candlestick traders, a special treat: there is a pin bar pattern showing up on the charts as well. Rejoice!

Overheard on Twitter

For laughs, fights, or genuinely useful information, let’s see what the most popular tweets pertaining to Silver for the past day were:

  • From XRP2112:

    @Loisdutch1 @SantaSurfing @Muskivenua10 That’s the price gold/silver should be at if JP Morgan wasn’t keeping the silver price held down. It’s where metals should be at because of all the inflation since early 1900s. At the reset metals will rise to meet inflation. $3700/oz silver, baby 💪

  • From Ggwashington1:

    @LawrenceLepard I like it. $fsm MC still under 1B with Lindero about to produce 200,000oz au alone at cost of 700-800usd, plus the existing mines! Plus silver price about to break out. This thing should be at 3-5Bmc

  • From maxkeiser:

    The SEC/CFTC are funny.
    Obvious, demonstrable, fraudulent trading in $TSLA options goes completely unnoticed.
    But when Silver price starts to go up…OMG! Gotta raise margin requirements, gotta enforce those position limits.
    Captured regulators are gross.

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