{"id":10402,"date":"2010-06-21T09:30:25","date_gmt":"2010-06-21T13:30:25","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=10402"},"modified":"2010-06-21T09:30:25","modified_gmt":"2010-06-21T13:30:25","slug":"silver-hits-near-19-50-level","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2010\/06\/21\/silver-hits-near-19-50-level\/","title":{"rendered":"Silver Hits near $19.50 Level"},"content":{"rendered":"<p><strong>By Anton Eljwizat <\/strong>&#8211; Last week\u2019s bullish movement in Silver has pushed a number of  technical indicators into the over-bought territory. As I will  demonstrate below, the price of silver may very well be heading for a  reversal. Forex traders can take advantage of this impending movement by  having their Entry Orders in place to capture this reversal. Don\u2019t  forget your Stops and Limits!<\/p>\n<p>\u2022\tPoint 1: The Slow Stochastic indicates  a bearish cross, signaling that the next move may be in a downward  direction.<\/p>\n<p>\u2022\tPoint 2: The Relative Strength Index (RSI) indicates that the price  of this cross currently floats in the overbought territory, signaling  downward pressure.<\/p>\n<p>\u2022\tPoint 3: The Williams Percent Range has peaked near at the 0  marker, which means that there may actually be a strong level of  downward pressure.<\/p>\n<p>Silver 4-hour Chart<\/p>\n<p><a href=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/uploads\/2010\/06\/Silver-21-6.JPG\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" src=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/uploads\/2010\/06\/Silver-21-6.JPG\" alt=\"\" width=\"475\" height=\"561\" \/><\/a><\/p>\n<p><strong><em>Forex Market Analysis<\/em> provided by\u00a0<a href=\"http:\/\/www.forexyard.com\/?zone_id=1398\" target=\"_blank\">Forex             Yard.<\/a><\/strong><\/p>\n<p>\u00a9 2006 by FxYard Ltd<\/p>\n<p>Disclaimer: Trading Foreign Exchange carries a high level of risk and             may not be suitable for all investors. There is a  possibility      that     you   could sustain a loss of all of your  investment and      therefore  you     should  not invest money that you  cannot afford to      lose. You  should  be    aware of  all the risks  associated with   Foreign    Exchange  trading.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Anton Eljwizat &#8211; Last week\u2019s bullish movement in Silver has pushed a number of technical indicators into the over-bought territory. As I will demonstrate below, the price of silver may very well be heading for a reversal. Forex traders can take advantage of this impending movement by having their Entry Orders in place to &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2010\/06\/21\/silver-hits-near-19-50-level\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Silver Hits near $19.50 Level&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-10402","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/10402","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=10402"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/10402\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=10402"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=10402"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=10402"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}