Home » Posts tagged "ounce of silver" (Page 11)

Spot Silver Prices – 9th March 2009

As with the spot gold analysis that I have just posted, I thought we would start this week by looking at the weekly chart for spot silver prices, rather than the daily chart, in order to provide us with a slightly longer perspective on our...

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Spot Silver – Daily Candle Chart 26th February 2009

Following gold, silver closed lower yesterday breaking and holding just below the 14 day moving average. The decline being marginally lower, could suggest that this is simply consolidation and the market taking a breather. However if market participants  continue to believe that governments can support...

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Spot Silver Prices – 18th February 2009

‘Flight to quality’ was the name of the game for spot silver rising with spot gold amid the same bank concerns breaking and holding above the $14.00/oz level, and as I suggested yesterday, we achieved our target of breaking through the $14 per ounce region,...

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Spot Silver Prices – 11th February 2009

Following spot gold, spot silver prices closed higher peaking at $13.230/oz, the strongest level since Sept 30th. The chart shows an outside day pattern providing an excellent bullish engulfing signal for us today, with the 9 day moving average providing good support level for the...

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Spot Silver – February 10th 2009

An interesting day yesterday for spot silver, and as I suggested yesterday, we were wise to be cautious in our approach. Even though the analysis of our chart for silver was in direct contrast to that for spot gold, the later still managed to drag...

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Spot Silver Today – 5th February 2009

Following spot gold, spot silver moved higher as well, after reports that a possible Senate passage of the stimulus package could have big industrial implications which in turn could boost the demand for silver in industrial uses. News that non-manufacturing activity in January contracted less...

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