Silver (XAGUSD) Down $0.87 Over Past 4 Hours, 3 Day Down Streak Broken; in an Uptrend Over Past 90 Days – CFDTrading

Gold & Silver

Silver 4 Hour Price Update

Updated September 07, 2020 07:17 AM GMT (03:17 AM EST)

The end of a 3 four-hour candle negative run has come for Silver, which finished the last 4 hour candle up 0.96% ($0.25). Out of the 5 instruments in the metals asset class, Silver ended up ranking 2nd for the four-hour candle in terms of price change relative to the last 4 hour candle.

Silver Daily Price Recap

Silver is up 0.96% ($0.25) since the previous day, marking a reversal from the day prior — and the end of a 3 day negative run. 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

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. For additional context, note that price has gone down 6 out of the past 10 days.

Overheard on Twitter

Over on Twitter, here were the top tweets about Silver:

  • From armandodragom:

    @PaulTassi @Forbes That would mess up the deluxe edition a bit, even if they gave 1000 silver(price of a season) I don’t think people that buy deluxe because only they care about playable content(expansions and seasons) would be happy.

  • From kielmariant83:

    @queenwartooth @the_tech_hunter Kennedy halves are not rare at all. They are worth their weight in silver. You take the silver price x .90 x .50 and that’s the value of the Kennedy half.

  • From jakeduceyauthor:

    @TheLastDegree @TheLastDegree where do you think juniors like Aurcana can go on a $65 silver price?

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