Daily Summary: Friday 24 of April of 2026. No Trades Today.

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Daily Summary: Friday 24 of April of 2026. No Trades Today.SilverOANDA:XAGUSDSilver_PinTechnicals: Today the week is closing with a bearish week for silver with the price showing balance between 80 and 75 price range. Friday candle is closing with a fake out around the 75.00 price level after breaking yesterday's low to comeback to the 76.00 level. The price is therefore respecting 75.00 level as a support tested 2 times last week without the price being able to close below. The 5 week upside channel is also still being respected and considered for this week. On the 4h chart the price showed a kind of Pin Bar at 01:00 NY time candle, which signaled 2 consecutive upside candles with the 9:00 candle showing higher volume than the other 4 hour candles for the day as usual. Both the high and low of the week signaled pin bar candles that were respected showing the price is respecting this round levels and taking it into consideration. Therefore this could be important levels for rejection or breakout next week. On the 1h pivot level for the current downtrend is 77.00 and is respected for the moment. Price didn't show pin Bars for 1 hour timeframe today. 30m and 15m are showing a little of short upside action today. The price showed a double bottom bullish pin bar on the 15m timeframe that reached 6R from its c close, with the price rejecting the 74.00 level exactly. After the candle closed the price showed upside action immediately, without the option of restest for a limit entry. This candle was formed on the 02:45 candle near the London early session of premarket moves. Pin Bar Setups: 15m double bottom pin bar +7R: The price showed a double bottom bullish pin bar on the 15m timeframe that reached 6R from its c close, with the price rejecting the 74.00 level exactly. After the candle closed the price showed upside action immediately, without the option of restest for a limit entry. This candle was formed on the 02:45 candle near the London early session of premarket moves. Trades: No trades today. Fundamentals: Today UK retail sales were released for the month with a 0.7% increase vs 0.0% forecast. This data is not seen as a key indicator for metals, but some action was seen on the 15min after this news. Next week we will have Monetary reports for multiple banks and Fed Funds Rate on Wednesday, so volatility could be expected. The CFTC COT report is showing for this week Producers being short with a 10:1 short to long ratio, non-reportables long to short 3:1 ratio and microgold short 3:1 so I am biased short with this data signaling a potential short for next week. Catholic Bible Money Quote: Revelation 3:17: For you say, I am rich, I have prospered, and I need nothing; not knowing that you are wretched, pitiable, poor, blind, and naked.