Home » Posts tagged "current silver"

Spot Silver 9 Nov 2010

Let’s start with an interesting fact, in the last three days spot silver has gained more than it achieved in an entire 5 year period from 1999 to the end of 2004, a scary fact and one which we we would do well to ponder....

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Silver Market Analysis

The daily chart for spot silver mirrors that of gold with yesterday’s deep test of the 9 and 14 day moving averages giving us a strong signal of bullish intent which has been duly delivered in today’s silver trading with the metal surging above $26...

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Silver Trading Spot Silver 22 Sep 2010

The pull through effect from gold continues to exert its strong influence as spot silver closed higher once again yesterday ending the silver trading session as a wide spread up candle with a wick to the lower body which provided further clear evidence that the...

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Spot Silver News 15 Sep 2010

With spot silver following gold higher the question now is just how far the spot silver price will go.  One way is to consider silver futures and you can find a detailed analysis of the December contract at my silver futures site where overall the...

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Spot Silver Trading Chart 14 Sep 2010

Spot silver continued to move higher once again yesterday ending the silver trading session as a wide spread up candle which finally held above our short term target of $20 per ounce (hurrah!!).  This move higher was fully supported by the 9 day moving average...

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Silver Trading Spot Silver 6 Sep 2010

Spot silver prices continued to surge higher last week following their break out from the recent trending channel and confirming, once again, that once a break from such a technical pattern occurs it invariably results in a dramatic move.  Such is the case for spot...

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Silver Trading Spot Silver 25 Aug 2010

The spot silver price continue to trade in a narrow price band  with yesterday’s wide spread up candle pushing the industrial metal back above the $18 per ounce level once again and firmly above all four moving averages as a result.  This positive momentum has...

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Silver Trading 24 Aug 2010

Spot silver rebounded higher today, having initially tested support at the 200 day moving average only to recover in later trading and move sharply higher to currently trade above all four moving averages once again.  This reversal of the last few days followed yesterday’s doji...

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Silver Trading 19 Aug 2010

Spot silver continues to trade sideways tending to follow equity markets rather than its more traditional correlation with the spot gold price which continues towards a potential high on the daily gold chart.  From a technical perspective yesterday’s price action was contained in a narrow...

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Spot Silver 17 Aug 2010

Spot silver followed the gold price higher yesterday breaking above all four moving averages once again and ending the silver trading session as a wide spread up bar with a small shadow to the upper body.   Given yesterday’s momentum we now need to wait...

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