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Silver Trading – Silver Chart 19th August 2009

Further falls in the Shanghai Composite spooked the silver market in early trading with the initial losses then partially recovering as crude oil prices soared following much better than expected inventory data at Cushing.  Whilst silver prices closed the session marginally lower the daily candle...

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Spot Silver Prices – Silver Price Chart 5th August 2009

Yesterday’s wide spread up bar on the daily silver chart reinforced the bullish momentum outlined in yesterday’s market commentary for silver prices which was indicated by the gapped up opening of Monday morning.  From a technical perspective the deep lower shadow of yesterday’s candle suggests...

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