Silver 4 Hour Price Update
Updated July 01, 2020 01:00 AM GMT (09:00 PM EST)
17.852 was the closing price of the four-hour candle for Silver, resulting in the current 4 hour candle being one in which price moved up 0.57% ($0.1) from the last 4 hour candle. Relative to other instruments in the metals asset class, Silver ranked 4th since the last 4 hour candle in terms of percentage price change.
Silver Daily Price Recap
Silver came into today up 1.95% ($0.35) from the open of the previous day, marking the 2nd day in a row an increase has occurred. On a relative basis, today was pretty good: Silver bested all 5 of the assets in the metals class 🙂 Let’s take a look at the daily price chart of Silver.
Silver Technical Analysis
Trend traders will want to observe that the strongest trend appears on the 14 day horizon; over that time period, price has been moving up. For another vantage point, consider that Silver’s price has gone up 9 of the previous 14 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
Behold! Here are the top tweets related to Silver:
- From Eala_Jewellery:
Frabbit cross update 1/2
The silver price increase is causing a substantial price increase. I am also going to get help from a jeweller to polish them due to currently being on maternity leave which also pushes the price up a bit.
I would need to add £10 to each cross…… - From myprecious999:
@Dioclet54046121 @2020Upstream @goldmarketgirl @DebraG_Robins Have lately been wondering whether $silver price movement is more insightful about the future than gold. If silver can break out sustainably above $19 then it’s all roses for gold. Until then something is holding all #preciousmetals back?
- From rohitsahu340:
This seems to be happening. Diesel gold price, petrol silver price will be sold soon. Ab ke baar Modi Sarakar @PMOIndia