Silver 1 OZ 999 NY (XAG=X) awaiting a new fundamental spark to drive market direction

Silver 1 OZ 999 NY (XAG=X) awaiting a new fundamental spark to drive market direction

Silver 1 OZ 999 NY (XAG=X) awaiting a new fundamental spark to drive market direction Gold and silver prices are slightly lower in early U.S. trading Thursday. The metals have been trading sideways in quieter fashion for several sessions, awaiting a new fundamental spark to drive market direction. While this week’s uptick in trader and investor risk appetite […]

Silver 1 OZ 999 NY (XAG=X) expected to see silver pushing to a high of $17.50 an ounce

Silver 1 OZ 999 NY (XAG=X) expected to see silver pushing to a high of $17.50 an ounce

Silver 1 OZ 999 NY (XAG=X) expected to see silver pushing to a high of $17.50 an ounce The analysts said they see a potential for gold price to rise as the Federal Reserve looks to slow the pace of its monetary policy tightening this year. “In such a scenario the USD might not strengthen […]

Silver 1 OZ 999 NY (XAG=X) overall near-term technical advantage

Silver 1 OZ 999 NY (XAG=X) overall near-term technical advantage

Silver 1 OZ 999 NY (XAG=X) overall near-term technical advantage March silver futures prices closed nearer the session low. The silver bulls have the overall near-term technical advantage. A two-month-old price uptrend is in place on the daily bar chart. A bullish pennant pattern has also formed on the daily chart. Silver bulls’ next upside […]

Silver 1 OZ 999 NY (XAG=X) some safe-haven buying interest

Silver 1 OZ 999 NY (XAG=X) some safe-haven buying interest

Silver 1 OZ 999 NY (XAG=X) some safe-haven buying interest Gold prices are holding mild gains in early-aftgernoon U.S. trading Monday, in a quieter, choppy and two-sided session. Some safe-haven buying interest was featured as world stock markets started out the trading week lower on some very weak economic data coming out of China. However, U.S. […]

Silver 1 OZ 999 NY (XAG=X) traders will continue to monitor movements in the U.S. dollar

Silver 1 OZ 999 NY (XAG=X) traders will continue to monitor movements in the U.S. dollar

Silver 1 OZ 999 NY (XAG=X) traders will continue to monitor movements in the U.S. dollar This week precious metal traders will continue to monitor movements in the U.S. dollar, one of the biggest factors for gold, with the greenback in turn taking its cue from expectations around the Federal Reserve’s monetary policy plans. Tuesday’s […]

Silver 1 OZ 999 NY (XAG=X) some selling pressure as the U.S. dollar and U.S. stock market have pushed to higher levels

Silver 1 OZ 999 NY (XAG=X) some selling pressure as the U.S. dollar and U.S. stock market have pushed to higher levels

Silver 1 OZ 999 NY (XAG=X) some selling pressure as the U.S. dollar and U.S. stock market have pushed to higher levels Gold and silver prices are modestly down in early-afternoon U.S. trading Thursday. The safe-haven metals are seeing some selling pressure as the U.S. dollar and U.S. stock market have pushed to higher levels on the day. […]

Silver 1 OZ 999 NY (XAG=X) pressured by upbeat trader and investor attitudes

Silver 1 OZ 999 NY (XAG=X) pressured by upbeat trader and investor attitudes

Silver 1 OZ 999 NY (XAG=X) pressured by upbeat trader and investor attitudes Gold and silver prices are modestly lower in early-afternoon U.S. trading Tuesday. The safe-haven metals are being pressured by upbeat trader and investor attitudes early this week. Still, the bulls can argue the price weakness in both metals is just a normal corrective pullback following […]

Silver 1 OZ 999 NY (XAG=X) gains supported by chart-based buying interest

Silver 1 OZ 999 NY (XAG=X) gains supported by chart-based buying interest

Silver 1 OZ 999 NY (XAG=X) gains supported by chart-based buying interest Gold prices are posting good gains in early U.S. trading Monday, supported by chart-based buying interest as the near-term technical posture for the yellow metal is bullish. A weaker U.S. dollar index on this day is also working in favor of the precious metals […]

Silver 1 OZ 999 NY (XAG=X) traders will get a fresh update on the outlook for monetary policy on Wednesday

Silver 1 OZ 999 NY (XAG=X) traders will get a fresh update on the outlook for monetary policy on Wednesday

Silver 1 OZ 999 NY (XAG=X) traders will get a fresh update on the outlook for monetary policy on Wednesday This week precious metals traders will get a fresh update on the outlook for monetary policy from Wednesday’s December Federal Reserve meeting minutes and a speech by Fed Chairman Jerome Powell a day later. Last […]

Silver 1 OZ 999 NY (XAG=X) 2019 Outlook

Silver 1 OZ 999 NY (XAG=X) 2019 Outlook

Silver 1 OZ 999 NY (XAG=X) 2019 Overall, the bias in prices is: Downwards. Note: this chart shows extraordinary price action to the downside. The projected upper bound is: 24.56. The projected lower bound is: 11.84. The projected closing price is: 14.70. Candlesticks A white body occurred (because prices closed higher than they opened). During […]

Silver 1 OZ 999 NY (XAG=X) resistance barrier at $17

Silver 1 OZ 999 NY (XAG=X) resistance barrier at $17

Silver 1 OZ 999 NY (XAG=X) resistance barrier at $17 I believe that the $17 level will probably be targeted, because we have the resistance barrier up there which is the top of the overall consolidation. I think that this market will continue to be very noisy and erratic, as silver typically is. Remember that […]

Silver 1 OZ 999 NY (XAG=X) very likely that silver will continue to see gains

Silver 1 OZ 999 NY (XAG=X) very likely that silver will continue to see gains

Silver 1 OZ 999 NY (XAG=X) very likely that silver will continue to see gains Overall, the bias in prices is: Upwards. By the way, prices are vulnerable to a correction towards 14.71. The projected upper bound is: 15.43. The projected lower bound is: 14.56. The projected closing price is: 15.00. Candlesticks A big white […]

Silver 1 OZ 999 NY (XAG=X) choppy five-week-old uptrend is in place

Silver 1 OZ 999 NY (XAG=X) choppy five-week-old uptrend is in place

Silver 1 OZ 999 NY (XAG=X) choppy five-week-old uptrend is in place Gold prices are modestly up in early U.S. trading Thursday, supported in part by a big drop in the U.S. dollar index today. Some safe-haven demand has also been featured recently, amid a very shaky U.S. stock market that saw the equity indexes hit […]

Silver 1 OZ 999 NY (XAG=X) Federal Reserve more dovish

Silver 1 OZ 999 NY (XAG=X) Federal Reserve more dovish

Silver 1 OZ 999 NY (XAG=X) Federal Reserve more dovish Silver markets rallied towards the $15 level early during the day on Wednesday, reaching towards significant resistance in the process. At this point, I think that the market breaking above there, and more importantly staying above there on a daily close, could be a buying scenario […]

Silver 1 OZ 999 NY (XAG=X) weaker U.S. dollar index

Silver 1 OZ 999 NY (XAG=X) weaker U.S. dollar index

Silver 1 OZ 999 NY (XAG=X) weaker U.S. dollar index Gold and silver futures prices are up and near their daily highs in early-afternoon U.S. trading Monday, supported in part by a weaker U.S. dollar index, another sell off in the U.S. stock market, and rhetoric supporting a more dovish U.S. monetary policy. February gold futures were last up $10.20 […]

Silver 1 OZ 999 NY (XAG=X) weaker U.S. dollar index and higher crude oil prices

Silver 1 OZ 999 NY (XAG=X) weaker U.S. dollar index and higher crude oil prices

Silver 1 OZ 999 NY (XAG=X) weaker U.S. dollar index and higher crude oil prices Gold and silver futures prices are moderately higher in early U.S. trading Monday, supported in part by a weaker U.S. dollar index and higher crude oil prices. February gold futures were last up $2.20 an ounce at $1,243.70. March Comex silver was up $0.048 at $14.685 an […]

Silver 1 OZ 999 NY (XAG=X) pressured by a strong U.S. dollar index

Silver 1 OZ 999 NY (XAG=X) pressured by a strong U.S. dollar index

Silver 1 OZ 999 NY (XAG=X) pressured by a strong U.S. dollar index Gold and silver futures prices are moderately lower in early U.S. trading Friday, pressured by a strong U.S. dollar index that pushed to a nearly two-year high overnight. February gold futures were last down $5.60 an ounce at $1,241.80. March Comex silver was down $0.185 at $14.67 an ounce. […]

Silver 1 OZ 999 NY (XAG=X) corrective pullback

Silver 1 OZ 999 NY (XAG=X) corrective pullback

Silver 1 OZ 999 NY (XAG=X) corrective pullback Gold prices are modestly lower in early-afternoon U.S. trading Thursday. Silver prices are near steady after hitting a five-week high overnight. Both metals are saw normal corrective pullbacks and some chart consolidation from recent gains. February gold futures were last down $2.60 an ounce at $1,247.40. March Comex silver was down $0.001 […]

SILVER 1 OZ 999 NY (XAG=X) safe-haven demand has surfaced this week

SILVER 1 OZ 999 NY (XAG=X) safe-haven demand has surfaced this week

SILVER 1 OZ 999 NY (XAG=X) safe-haven demand has surfaced this week Gold and silver futures prices are modestly up in early U.S. trading Wednesday. There are several factors at work supporting the two precious metals markets this week. Some mild safe-haven demand has surfaced this week, amid Brexit turmoil and on some upbeat news regarding […]

SILVER 1 OZ 999 NY (XAG=X) investors are worried about global concerns and trade wars

SILVER 1 OZ 999 NY (XAG=X) investors are worried about global concerns and trade wars

SILVER 1 OZ 999 NY (XAG=X) investors are worried about global concerns and trade wars Silver markets rallied significantly during the trading session on Tuesday, as we continue to worry about global concerns and trade wars. Beyond that, there are a plethora of potential landmines out there that could cause issues. Silver markets have bounced from […]