Home » Posts tagged "gold silver" (Page 6)

Silver Trading Chart 28 June 2010

Spot silver prices followed gold higher on Friday ending the week with a wide spread up candle which closed well above all four moving averages and marginally above the psychological $19 per ounce price handle.  Following Thursday’s hammer candle Friday’s positive price action was much...

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Silver Trading 24 June 2010

Spot silver prices ended yesterday’s silver trading session marginally lower trading in a relatively narrow range and ending the session marginally below the 9 day moving average. The short term trend lower of the last few days appears to lack any great conviction and is...

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Silver Trading 22 June 2010

Spot silver followed gold lower yesterday having initially targeted $19.50 the industrial metal pulled back to close the session marginally below $19 per ounce.  The low of the session failed to trouble the 9 day moving average suggesting that the bullish momentum remains firmly in...

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Silver Trading 21 June 2010

Spot silver prices ended the week in a strongly bullish mood with a wide spread up candle which broke above the $19 per ounce level further confirming the long term bull trend for silver which, to a large extent, is mirroring gold’s strong performance.  This...

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Silver Trading 14 June 2010

Silver prices largely consolidated sideways last week in the 18.30 per ounce region following the sharp sell off and recovery of the previous week and ended trading in a relatively narrow range between 3 of our short term moving averages.  However, the lows of each...

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Silver Trading 17 May 2010

The spot silver market took a breather on Friday, much like gold, and paused for breath following the strong breakout of Tuesday which propelled silver prices above $19.50 per ounce and beyond.  Friday’s doji candle coupled with Thursday’s minor shooting star is currently signalling a...

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Silver Trading 12 May 2010

Yesterday’s wide spread up candle propelled the silver spot price rapidly through the key resistance level at $18.75 which had proved an obstinate barrier on previous occasions.   This positive momentum now signals the continuation of the recent bull run from early February and in...

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Silver Trading 11 May 2010

Since my last post on 4th May when I fully expected spot silver prices to continue their bullish momentum the price promptly collapsed it now seems the silver market has been in the clutches of J P Morgan who have been accused of market manipulation...

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Silver Trading 4 May 2010

Silver too has continued its upwards momentum in the past 2 weeks, breaking above the major resistance in the $18.50 per ounce region as the industrial commodity continues to surge higher with $19 per ounce once again on the immediate horizon.  The recent break above...

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Silver Spot Price 30 March 2010

An interesting day for silver prices yesterday which finally managed to break out of the recent sideways price action which has seen the commodity trade in an envelope between the 9 and 14 day moving averages above and the 40 and 200 day below.  The...

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