Silver 1 OZ 999 NY (XAG=X) prices lurched lower on a slump in demand by industrial units and coin makers

Silver 1 OZ 999 NY (XAG=X) prices lurched lower on a slump in demand by industrial units and coin makers

Silver 1 OZ 999 NY (XAG=X) prices lurched lower on a slump in demand by industrial units and coin makers Gold prices fell in futures trade on Wednesday, hit by weak demand at the spot market and lacklustre trend in overseas markets.  In the global markets, gold fell on account of the dollar’s rise against […]

Silver 1 OZ 999 NY (XAG=X) rices fall on weak global cues

Silver 1 OZ 999 NY (XAG=X) rices fall on weak global cues

Silver 1 OZ 999 NY (XAG=X) rices fall on weak global cues This week precious metals traders will be monitoring the tone in the U.S. dollar ahead of a Federal Reserve meeting expected to shed more light on the outlook for U.S. interest rate hikes this year. The Fed is widely expected to keep monetary […]

Silver 1 OZ 999 NY (XAG=X) at the 50% Fibonacci retracement level

Silver 1 OZ 999 NY (XAG=X) at the 50% Fibonacci retracement level

Silver 1 OZ 999 NY (XAG=X) at the 50% Fibonacci retracement level Silver markets initially rallied during the trading session on Wednesday, showing signs of exhaustion. By forming a bit of a shooting star, that is a very negative sign for traders, and it’s likely that the $15.60 level is going to continue to cause a […]

Silver 1 OZ 999 NY (XAG=X) slipping to its lowest since late December

Silver 1 OZ 999 NY (XAG=X) slipping to its lowest since late December

Silver 1 OZ 999 NY (XAG=X) slipping to its lowest since late December Metal traders will continue to monitor gyrations in the U.S. dollar this week after gold prices rose almost 1% on Friday as a weak U.S. employment report sent the greenback lower and clouded the outlook for the global economy. Markets will get […]

Silver 1 OZ 999 NY (XAG=X) target $17.5 an ounce

Silver 1 OZ 999 NY (XAG=X) target $17.5 an ounce

Silver 1 OZ 999 NY (XAG=X) target $17.5 an ounce Goldman Sachs is turning lukewarm on the general commodity index but the firm remains positive on gold and silver, increasing its forecast for the precious metal in its latest commodities report. In a report published Monday, commodity analysts at Goldman Sachs raised their forecast by $25 across the […]

Silver 1 OZ 999 NY (XAG=X) investors paying attention to the US dollar

Silver 1 OZ 999 NY (XAG=X) investors paying attention to the US dollar

Silver 1 OZ 999 NY (XAG=X) investors paying attention to the US dollar Silver markets have continued to fall during the trading session on Monday, reaching down towards the psychologically and structurally important $15 level. That’s an area that should continue to cause a bit of noise, so how we close it is going to be […]

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

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

Silver 1 OZ 999 NY (XAG=X) traders will closely monitor movements in the U.S. dollar This week precious metal traders will closely monitor movements in the U.S. dollar, one of the biggest drivers for gold, ahead of a U.S. jobs report that could underline the Federal Reserve’s case for patience when it comes to future […]

Silver 1 OZ 999 NY (XAG=X) broader market showing significant weakness

Silver 1 OZ 999 NY (XAG=X) broader market showing significant weakness

Silver 1 OZ 999 NY (XAG=X) broader market showing significant weakness Silver markets pulled back a bit during the trading session on Wednesday, as we continue to see the $16 level offer a lot of resistance. It appears that the $16 level is being defended rather heavily, and with so many different people giving testimony in […]

Silver 1 OZ 999 NY (XAG=X) Slowing Down

Silver 1 OZ 999 NY (XAG=X) Slowing Down

Silver 1 OZ 999 NY (XAG=X) Slowing Down The silver market pulled back a bit during the trading session on Tuesday, as the $16.00 level continues to offer massive resistance. I think at this point, we will more than likely pull back towards the uptrend line, possibly even the 50 day EMA underneath. At this point, […]

Silver 1 OZ 999 NY (XAG=X) snapping two weeks of losses

Silver 1 OZ 999 NY (XAG=X) snapping two weeks of losses

Silver 1 OZ 999 NY (XAG=X) snapping two weeks of losses This week gold prices are likely to remain sensitive due to the ongoing trade talks between the U.S. and China, while U.S. economic data will also be closely watched for its impact on the greenback, one of the biggest drivers for the precious metal. […]

Silver 1 OZ 999 NY (XAG=X) some profit taking from recent gains and a downside technical correction

Silver 1 OZ 999 NY (XAG=X) some profit taking from recent gains and a downside technical correction

Silver 1 OZ 999 NY (XAG=X) some profit taking from recent gains and a downside technical correction Gold and silver prices are down in early U.S. trading Thursday, on some profit taking from recent gains and a downside technical correction—both of which are not unexpected. In fact, it can be argued that for a price uptrend […]

Silver 1 OZ 999 NY (XAG=X) More Upside Likely

Silver 1 OZ 999 NY (XAG=X) More Upside Likely

Silver 1 OZ 999 NY (XAG=X) More Upside Likely March silver futures bulls have the near-term technical advantage. A 2.5-month-old uptrend is in place on the daily bar chart. Silver bulls’ next upside price breakout objective is closing prices above solid technical resistance at the January high of $16.20 an ounce. The next downside price […]

Silver 1 OZ 999 NY (XAG=X) launch from $15.60

Silver 1 OZ 999 NY (XAG=X) launch from $15.60

Silver 1 OZ 999 NY (XAG=X) launch from $15.60 Silver prices slide below $15.60 in the previous week and risk further downside. Fortunately, the precious metal returned above the level by the end of the week and averted further bearish pressure. The bull manages to close the price at $15.72 and currently pressing the price […]

Silver 1 OZ 999 NY (XAG=X) forming a “Morning Star pattern”, which is very bullish

Silver 1 OZ 999 NY (XAG=X) forming a “Morning Star pattern”, which is very bullish

Silver 1 OZ 999 NY (XAG=X) forming a “Morning Star pattern”, which is very bullish Silver markets gapped higher on Friday, after forming a gapped lower on Thursday. This makes for what is known as a “Morning Star pattern”, which is very bullish. The fact that we are sitting on the uptrend line and the 50 […]

Silver 1 OZ 999 NY (XAG=X) testing the $15.50 level

Silver 1 OZ 999 NY (XAG=X) testing the $15.50 level

Silver 1 OZ 999 NY (XAG=X) testing the $15.50 level Silver markets have been all over the place on Thursday, as the markets have gotten quite a bit of mixed messages around the world. The United States released horrific numbers when it comes to retail sales and PMI figures, and at the same time we are […]

Silver 1 OZ 999 NY (XAG=X) Prices Pressured By Strong USDX

Silver 1 OZ 999 NY (XAG=X) Prices Pressured By Strong USDX

Silver 1 OZ 999 NY (XAG=X) Prices Pressured By Strong USDX Gold and silver prices are moderately lower in early-afternoon U.S. trading Monday. A higher U.S. dollar index early this week that hit a seven-week high today is a bearish “outside market” force working against the precious metals markets. April gold futures were last down $7.60 an ounce at $1,310.90. March Comex silver was […]

Silver 1 OZ 999 NY (XAG=X) price breakout objective is closing prices above solid technical resistance at $16.50 an ounce

Silver 1 OZ 999 NY (XAG=X) price breakout objective is closing prices above solid technical resistance at $16.50 an ounce

Silver 1 OZ 999 NY (XAG=X) price breakout objective is closing prices above solid technical resistance at $16.50 an ounce March silver futures prices closed near the session high today. The silver bulls have the overall near-term technical advantage amid a seven-week-old price uptrend on the daily bar chart. Silver bulls’ next upside price breakout […]

Silver 1 OZ 999 NY (XAG=X) looks as if the market is ready to go towards the $16

Silver 1 OZ 999 NY (XAG=X) looks as if the market is ready to go towards the $16

Silver 1 OZ 999 NY (XAG=X) looks as if the market is ready to go towards the $16 Silver markets went back and forth during the trading session on Tuesday, as we continue to hover around the $15.85 level. The 20 day EMA has offered support during the previous session, forming a hammer. Ultimately, it looks […]

Silver 1 OZ 999 NY (XAG=X) Prices Pausing In Their Uptrends

Silver 1 OZ 999 NY (XAG=X) Prices Pausing In Their Uptrends

Silver 1 OZ 999 NY (XAG=X) Prices Pausing In Their Uptrends Gold and silver prices are near steady in early-afternoon U.S. trading Tuesday. A rebound in the U.S. dollar index this week is limiting buying interest in the precious metals markets. However, the bulls can correctly argue gold and silver are just seeing normal, and even healthy, downside corrections and […]

Silver 1 OZ 999 NY (XAG=X) tracking gold to see a modest gain in 2019

Silver 1 OZ 999 NY (XAG=X) tracking gold to see a modest gain in 2019

Silver 1 OZ 999 NY (XAG=X) tracking gold to see a modest gain in 2019 Silver prices will track gold to see a modest gain in 2019 according to the average forecast from  analysts taking part in this year’s survey by wholesale metals trade body the London Bullion Market Association. After falling within 1 cent of 2015’s […]

Silver 1 OZ 999 NY (XAG=X) next big economic data point is Friday’s U.S. jobs report

Silver 1 OZ 999 NY (XAG=X) next big economic data point is Friday’s U.S. jobs report

Silver 1 OZ 999 NY (XAG=X) next big economic data point is Friday’s U.S. jobs report Traders and investors are still digesting the Federal Reserve’s Open Market Committee (FOMC) meeting that concluded Wednesday afternoon. The FOMC statement contained no monetary policy changes but the FOMC members said they will now be patient on future Fed […]

Silver 1 OZ 999 NY (XAG=X) prices pushing to six-month highs

Silver 1 OZ 999 NY (XAG=X) prices pushing to six-month highs

Silver 1 OZ 999 NY (XAG=X) prices pushing to six-month highs Gold and silver prices are modestly up and in early U.S. trading Wednesday. Gold notched an eight-month high overnight, while silver prices pushed to six-month highs. Several factors are presently at work supporting the precious metals market bulls. February gold futures were last up $2.10 […]

Silver 1 OZ 999 NY (XAG=X) traders continue to seek out fresh news to drive the market

Silver 1 OZ 999 NY (XAG=X) traders continue to seek out fresh news to drive the market

Silver 1 OZ 999 NY (XAG=X) traders continue to seek out fresh news to drive the market Gold and silver prices are moderately lower in early-afternoon U.S. trading Thursday, with gold notching at three-week low. The metals are pressured today by a solid rally in the U.S. dollar index, which also hit a three-week high. Some technical selling is […]

Silver 1 OZ 999 NY (XAG=X) solid losses are working against the safe-haven metals early today

Silver 1 OZ 999 NY (XAG=X) solid losses are working against the safe-haven metals early today

Silver 1 OZ 999 NY (XAG=X) solid losses are working against the safe-haven metals early today Gold prices are modestly lower in early U.S. trading Wednesday. Stabilizing world equity markets and U.S. stock indexes that are set to rebound from Tuesday’s solid losses are working against the safe-haven metals early today. Gold and silver prices dropped […]

Silver 1 OZ 999 NY (XAG=X) dropped to three-week lows overnight as the bulls are fading

Silver 1 OZ 999 NY (XAG=X) dropped to three-week lows overnight as the bulls are fading

Silver 1 OZ 999 NY (XAG=X) dropped to three-week lows overnight as the bulls are fading Gold prices are trading near steady, while silver is slightly lower in early U.S. trading Tuesday. Both metals dropped to three-week lows overnight as the bulls are fading. There is some keener risk aversion in the marketplace today, which will […]

Silver 1 OZ 999 NY (XAG=X) $15 level of course will offer support

Silver 1 OZ 999 NY (XAG=X) $15 level of course will offer support

Silver 1 OZ 999 NY (XAG=X) $15 level of course will offer support Silver markets pulled back during thin trading on Monday as traders came back from the weekend. With the holiday schedule, and of course volume would have been late, so I don’t read too much into the pullback other than the 61.8% Fibonacci retracement […]

Silver 1 OZ 999 NY (XAG=X) Sell Off Amid Keener Risk Appetite

Silver 1 OZ 999 NY (XAG=X) Sell Off Amid Keener Risk Appetite

Silver 1 OZ 999 NY (XAG=X) Sell Off Amid Keener Risk Appetite Gold and silver prices are lower and headed toward technically bearish weekly low closes in early U.S. trading Friday. Trader and investors are exhibiting very little risk aversion in the marketplace to end the trading week, and that’s negative for the safe-haven metals. February gold futures were last […]

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) 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) 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) 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 […]