@Phil.... just so this doesn't turn into a rampers paradise, here's an opinion on the silver index.
Silver has to overcome both Price and RSI downtrends (which are in sync) and rise about the daily MAs and last daily top (then retest) to be in a reasonable position to continue to rally. Reasonable position on the weekly chart, but same RSI resistance also being tested. MACD needs to turn positive to support the structure.
Simple stuff.
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Last
10.5¢ |
Change
-0.010(8.70%) |
Mkt cap ! $24.50M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.5¢ | 10.5¢ | $110.9K | 1.039M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 272986 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 33333 | 1 |
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| Last trade - 15.36pm 28/08/2024 (20 minute delay) ? |
| BML (ASX) Chart |