简体中文
ภาษาไทย
繁體中文
Indonesia
Silver (CME) (MAY4) intraday: the RSI is oversold
2024-04-23
688
Our pivot point is at 27.52.
Our preference: the downside prevails as long as 27.52 is resistance.
Alternative scenario: above 27.52, look for 27.81 and 27.98.
Comment: the RSI is below 30. It could either mean that prices are in a lasting downtrend or just oversold and therefore bound to retrace (look for bullish divergence in this case). The MACD is negative and below its signal line. The configuration is negative. Silver (CME) (MAY4) stands below its 20 and 50 period moving average (respectively at 27.61 and 28.14).
Supports and resistances:
27.98 **
27.81 *
27.52 **
27.40
27.26 last
26.89
26.71 **
The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.
CM Trade Mobile Application
Economics Calendar
More
