Commodities Analysis and Opinion

Silver Rebounds Off 400-Day Moving Average: Another Leg Up Likely?

2023.07.18 03:09

Silver Rebounds Off 400-Day Moving Average: Another Leg Up Likely?

www.investing.com/analysis/silver-rebounds-off-400day-moving-average-another-leg-up-likely-200640088

Silver Rebounds Off 400-Day Moving Average: Another Leg Up Likely?

By Jordan Roy-Byrne, CMT   |  Jul 18, 2023 03:02AM ET

Jordan Roy-Byrne, CMT

Silver’s technical setup is intriguing as it just rebounded off both the 200-day and 400-day moving averages. In the past, rebounds from the 400-day moving average have led to bullish moves. We discuss that and more.

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