Categories: Technical analysis

Silver Wave Analysis – 14 July 2025

Silver: ⬇️ Sell

– Silver reversed from resistance zone

– Likely to fall to support level 37.00

Silver recently reversed down from the resistance zone lying at the intersection of the resistance level 39.00, upper weekly Bollinger Band and the resistance trendline of the weekly up channel from 2023.

The downward reversal from resistance zone created the daily Japanese candlesticks reversal pattern Shooting Star.

Given the strength of the nearby resistance zone and the overbought weekly Stochastic, Silver can be expected to fall to the next support level 37.00.

The FxPro Tech Analysis Team

The FxPro technical experts prepare a daily analysis of the most active currency pairs (majors, crosses, exotics) and commodities. Selected instruments are reviewed on daily trends (D1, H4), using the active Elliott Wave setups, Japanese candlesticks, indicators, and support/resistance levels.

Share
Published by
The FxPro Tech Analysis Team
Tags: Silver

Recent Posts

Bear market rebound in crypto is likely to continue

Crypto rebounds continue; Bitcoin faces resistance, with a mixed market outlook ahead, as regulatory changes…

16 minutes ago

Coca-Cola Wave Analysis – 4 December 2025

Coca-Cola: ⬇️ Sell - Coca-Cola reversed from long-term resistance level 73.25 - Likely to fall to…

14 hours ago

DraftKings Wave Analysis – 4 December 2025

DraftKings: ⬆️ Buy - DraftKings reversed from support zone - Likely to rise to resistance level…

14 hours ago

NVDA Wave Analysis – 4 December 2025

NVDA: ⬆️ Buy - NVDA reversed from support zone - Likely to rise to resistance level…

15 hours ago

Basic Attention Token Wave Analysis – 4 December 2025

Basic Attention Token: ⬇️ Sell - Basic Attention Token reversed from resistance level 0.2800 - Likely…

15 hours ago

The euro is gaining momentum

The euro strengthens on improved business activity and stable policy, while the US dollar weakens…

23 hours ago

This website uses cookies