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Silver markets have printed a green candlestick for the week, as we have clear the $26 level and it looks like we are going to challenge significant resistance. Silver Weekly Price Forecast ...
Silver markets rallied a bit during the week, reaching towards the $17.25 level. By doing so it shows that silver is somewhat resilient still, but we are underneath a major uptrend line.
Silver markets have rallied during the week, despite the fact that we saw so much in volatility during the day on Friday, ultimately, this is a very choppy market and of course is very dangerous ...
They are commonly formed by the opening, high, low, and closing prices of a financial instrument. If the opening price is above the closing price then a filled (normally red or black) candlestick is drawn. If the closing price is above the opening price, then normally a green or hollow candlestick (white with black outline) is shown.
Renko charts typically only use closing prices based on the chart time frame chosen. For example, if using a weekly time frame, then weekly closing prices will be used to construct the bricks. Similarly to Kagi charts , Renko charts help chartists to cancel out the noise present on time-based charts, focus on important price levels, detect ...
An open-high-low-close chart (OHLC) is a type of chart typically used in technical analysis to illustrate movements in the price of a financial instrument over time. Each vertical line on the chart shows the price range (the highest and lowest prices) over one unit of time, e.g., one day or one hour.
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