Spot silver, like many other commodities last week, saw a re-tracement from the recent bullish trend pulling back to close below the 9 and 14 day moving averages and ending the week at $23.15 per ounce as a small hammer candle. As such this hinted...
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Spot Silver 20 Oct 2010
Spot silver followed gold and many other commodities such as copper yesterday, sharply lower ending as a wide spread down candle on the daily chart as the markets reacted to the surprise news from China of an interest rate rise of 0.25%. The reason for...
Spot Silver 18 Oct 2010
Spot silver just failed to breach the $25 per ounce last week, ending the silver trading session on Friday at $24.26 per ounce, short of the $24.88 high of Thursday and giving us a narrow spread down candle as a result. Spot silver prices have...
Spot Silver 13 Oct 2010
Spot silver followed gold higher reaching an intra day of $23.95 per ounce before pulling back to trade at time of writing at $23.89 per ounce as spot silver continues to respond to yesterday’s release of the FOMC minutes. At the moment the markets are...
Spot Silver Price 11 Oct 2010
Spot silver surged higher on Friday recovering all the lost ground following Thursday’s sharp reversal to close well above $23 per ounce once again and to end the week at $23.18 per ounce. This now takes spot silver to a 30 year high, a price...
Spot Silver 7 Oct 2010
Spot silver climbed higher once again yesterday building on Tuesday’s strong gains for the metal and ended the silver trading session as a modest up candle which did manage to breach the $23 per ounce price handle, reaching an intra day high of $23.113 per...
Spot Silver 5 Oct 2010
The spot silver price surged higher today at an alarming rate, trading at time of writing at $22.88 per ounce and showing little sign of any kind of pullback. Needless to say spot silver has been helped higher by the continuing collapse of the US...
Spot Silver Chart 4 Oct 2010
Spot silver continued the positive sentiment of the last few weeks once again on Friday ending as a wide spread up candle which touched an intra day high of $22.13 per ounce before closing marginally lower but still below the psychological level $22 per ounce...
Spot Silver Market Analysis 29 Sep 2010
Spot silver surged higher yesterday once again, extending the bullish rally ever higher and ending the silver trading session as a wide spread up candle on the daily chart, closing just below the psychological $22 per ounce price handle. This bullish momentum has continued in...
Silver Trading Silver Spot 23 Sep 2010
The spot silver price climbed strongly higher yesterday once again, ending the silver trading session as a solid up candle which closed above the $21 per ounce price point at $21.16 on the day, further extending the recent bullish trend for spot silver. The industrial...
