Silver 1 OZ 999 NY (XAG=X) show signs of exhaustion

Silver 1 OZ 999 NY (XAG=X) show signs of exhaustion

Silver 1 OZ 999 NY (XAG=X) show signs of exhaustion Silver markets have recently broken above the downtrend line on the chart that I have drawn, showing a resiliency that the market should continue to go higher. To the upside, the market reached towards the $18.50 level before pulling back a bit. Having said that, […]

Silver 1 OZ 999 NY (XAG=X) Confirms Strength that Points to Higher Prices

Silver 1 OZ 999 NY (XAG=X) Confirms Strength that Points to Higher Prices

Silver 1 OZ 999 NY (XAG=X) Confirms Strength that Points to Higher Prices Silver showed new strength on Tuesday as it advanced above a minor swing high of $17.87. That was the next price point to watch where silver could see some resistance. It did not, and therefore the move gives a new sign that […]

Silver 1 OZ 999 NY (XAG=X) Bullish Breakout

Silver 1 OZ 999 NY (XAG=X) Bullish Breakout

Silver 1 OZ 999 NY (XAG=X) Bullish Breakout Silver strengthened on Monday as it reached a 10-day intraday high following a bullish breakout last Friday. In addition, last week’s high was exceeded providing an initial bullish signal on a weekly time frame. Bullish Breakout in Silver A breakout of a descending trend channel occurred last […]

Silver 1 OZ 999 NY (XAG=X) Price Rallies Into The Weekend

Silver 1 OZ 999 NY (XAG=X) Price Rallies Into The Weekend

Silver 1 OZ 999 NY (XAG=X) Price Rallies Into The Weekend Silver markets have rallied a bit into the weekend, as the market is dancing around the 50 day EMA yet again. We have recently bounced from an uptrend line, so that of course is a bullish sign as well. Given enough time, the market […]

Silver 1 OZ 999 NY (XAG=X) Looking To Test Trendline

Silver 1 OZ 999 NY (XAG=X) Looking To Test Trendline

Silver 1 OZ 999 NY (XAG=X) Looking To Test Trendline Silver markets fell a bit during the trading session on Wednesday, showing signs of weakness again. Ultimately, the market looks very likely to continue drifting a little bit lower to reach towards the significant uptrend line just below. It should also be noted that the […]

Silver 1 OZ 999 NY (XAG=X) getting close to a major trendline

Silver 1 OZ 999 NY (XAG=X) getting close to a major trendline

Silver 1 OZ 999 NY (XAG=X) getting close to a major trendline Silver markets fell during the trading session on Wednesday, as we continue to see bits and pieces of weakness. Having said that, the market looks as if it is getting close to a major trendline, which of course will attract a lot of […]

Silver 1 OZ 999 NY (XAG=X) investors will be watching to see how the Fed assesses the impact of the coronavirus outbreak

Silver 1 OZ 999 NY (XAG=X) investors will be watching to see how the Fed assesses the impact of the coronavirus outbreak

Silver 1 OZ 999 NY (XAG=X) investors will be watching to see how the Fed assesses the impact of the coronavirus outbreak Silver is essentially flat, down $0.07 or -0.38% to $17.73, as markets wait for Federal Reserve Chairman Jerome Powell to begin his semiannual testimony in front of the U.S. Congress at 10am EST. […]

Silver 1 OZ 999 NY (XAG=X) Remains Stuck in Consolidation

Silver 1 OZ 999 NY (XAG=X) Remains Stuck in Consolidation

Silver 1 OZ 999 NY (XAG=X) Remains Stuck in Consolidation So far, silver is up slightly on the day, advancing $0.035 or 0.20% to $17.72. Strength in the dollar has kept downward pressure on commodity prices in recent weeks, including silver. The U.S. Dollar index (DXY) reached a new trend high today as it moves […]

Could Silver 1 OZ 999 NY (XAG=X) Break-out like it did in 2011?

Could Silver 1 OZ 999 NY (XAG=X) Break-out like it did in 2011?

Could Silver 1 OZ 999 NY (XAG=X) Break-out like it did in 2011? Silver is expected to begin the 2020s newly burnished, through a combination of higher industrial and investment demand, and tightened supply owing to mine production issues and output cuts. If it does, it would be the continuation of a trend that started […]

Silver 1 OZ 999 NY (XAG=X) Bullish Flag Pattern Continues to Form

Silver 1 OZ 999 NY (XAG=X) Bullish Flag Pattern Continues to Form

Silver 1 OZ 999 NY (XAG=X) Bullish Flag Pattern Continues to Form Silver has been consolidating in a relatively small downward sloping channel since hitting a swing high of $18.84 in early-January. That high completed a 14.12% rally off the $16.51 swing low from early-December, which was at support of the 200-day exponential average (ema). […]

Hong Kong: HANG SENG INDEX (.HSI) World braces for sell-off Monday at China market reopening

Hong Kong: HANG SENG INDEX (.HSI) World braces for sell-off Monday at China market reopening

Hong Kong: HANG SENG INDEX (.HSI) World braces for sell-off Monday at China market reopening Central bank readies $174bn liquidity injection as coronavirus spreads further Chinese equities markets are poised for their weakest Lunar New Year start in at least two decades when they return Monday from a break extended to contain the deadly new […]

Silver 1 OZ 999 NY (XAG=X) Markets Rally Significantly

Silver 1 OZ 999 NY (XAG=X) Markets Rally Significantly

Silver 1 OZ 999 NY (XAG=X) Markets Rally Significantly Silver markets got hammered during the week, reaching to extraordinarily low levels, breaking the back of a couple of hammers from previous weeks. However, we have seen a complete turnaround as traders continue to worry about the coronavirus. At this point, the market is likely to […]

Gold Price Forecast: Breakout

Gold Price Forecast: Breakout

$GLD, $SLV, $GXDJ, $XAU, $XAG With Wednesday’s Fed meeting past, precious metals can resume their uptrends. A breakout in gold should extend to challenge $1700+ in March. Gold Breaking Out: Prices are just now breaking free from the January mid-cycle consolidation. Prices should continue higher for another 4-6 wks and challenge 1700+ in March before this 6-month […]

Silver 1 OZ 999 NY (XAG=X) looks as if the uptrend is trying to continue

Silver 1 OZ 999 NY (XAG=X) looks as if the uptrend is trying to continue

Silver 1 OZ 999 NY (XAG=X) looks as if the uptrend is trying to continue Silver markets gapped higher to kick off the trading session on Thursday, and then continue to go much higher without much of a pullback. This shows a shock to the market, and we have sliced through the 50 day EMA. […]

Silver 1 OZ 999 NY (XAG=X) Finding Support

Silver 1 OZ 999 NY (XAG=X) Finding Support

Silver 1 OZ 999 NY (XAG=X) Finding Support Silver markets have dropped slightly on the opening gap Monday, but for the most part did nothing during the holidays session in America. With that being the case it’s very likely that this market will continue to be quiet, but I do believe that it is only […]

Silver 1 OZ 999 NY (XAG=X) price tumbles

Silver 1 OZ 999 NY (XAG=X) price tumbles

Silver 1 OZ 999 NY (XAG=X) price tumbles Silver markets have gotten hammered during the trading session on Tuesday, slicing through the 50 day EMA, breaking below the $17.65 level at the same time. Silver has struggled during the trading session and it now looks as if we are going to go much lower. That […]

Silver 1 OZ 999 NY (XAG=X) Prices Attempt to Rally

Silver 1 OZ 999 NY (XAG=X) Prices Attempt to Rally

Silver 1 OZ 999 NY (XAG=X) Prices Attempt to Rally Silver prices attempted to push higher, but prices were rejected at higher levels.  While the coronavirus has added volatility and uncertainty as it pertains to growth, the safe haven natural of silver demand helped buoy prices. Gold continued to rally, breaking out of a cup […]