Home » Posts tagged "gold silver" (Page 4)

Silver Trading 1 Sep 2010

A strong performance for the spot silver price last week which saw the metal close as a wide spread up candle, breaking well above all four moving averages on the weekly chart, and just failing to breach the high of June at $19.45 per ounce....

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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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Spot Silver 16 aug 2010

Spot silver continues to consolidate in a narrow trading range as we wait for the industrial metal to follow its more illustrious cousin, spot gold, higher.  Friday’s price action ended as a narrow up candle, but one with a deep lower wick suggesting a degree...

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Spot Silver 4 Aug 2010

The spot silver price edged higher yesterday confirming the recent positive sentiment towards the industrial metal and holding above all four moving averages once again.  The low of the day found good support from the 40 day moving average suggesting that we should see a...

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Spot Silver 3 Aug 2010

Spot silver continued Friday’s positive sentiment with a second widespread up candle which broke above the 40 day moving average closing at $18.38 per ounce and holding above all four moving averages once again.  Whilst this is a positive signal yesterday’s high touched $18.52 per...

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Spot Silver 29 July 2010

The technical picture for spot silver remains messy at present as we continue to consolidate between $17.26 to the downside and $18.50 to the upside with the short term tone certainly bearish at present.  Yesterday’s price action for spot silver breached the 200 day moving...

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Spot Silver Chart 26 July 2010

Thursday’s strong push higher for silver resulted in the industrial commodity breaking both the 9 and 14 day moving averages, but failing to breach the 40 day moving average.  Friday’s price action also failed to break this technical level as silver traded in a very...

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