| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Buy | Buy | Sell |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Neutral | Neutral | Sell |
| Alligator (13; 8; 5) | Buy | Buy | Neutral |
| SAR (0.02; 0.2) | Sell | Buy | Buy |
| Aggregate | ⇒ | ⇗ | ⇒ |
[ANNOUNCE] Silver has been appreciating against the US Dollar after the exchange rate reversed from the Fibonacci 0.00% retracement at 13.95 at the middle of November. This movement has been bounded in the ascending channel. [/ANNOUNCE]
The pair has already reached the upper channel line located at the 18.76 mark. Form a theoretical point of view, it is expected that the rate targets the lower channel line located in the 14.60/14.70 range within following trading sessions.
However, this decline might not be immediate as the rate is being supported by the 55-, 100– and 200-hour SMAs, thus, it is likely that the rate re-test the upper channel line located circa 15.95 in the nearest future.