Home » Posts tagged "silver trading charts" (Page 2)

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 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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Spot Silver 19 July 2010

As with the gold spot price, silver too ended last week’s trading session as a narrow spread down candle on the weekly silver chart, with the price action sandwiched between the 9 and 14 week moving averages to the upside and the 40 week moving...

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Silver Trading 16 July 2010

Spot silver prices on the monthly chart continue to remain waterlogged with both May and June closing with long leg doji candles indicative of market that is indecisive and lacking in direction.  So far this month this sideways price action has been repeated once again...

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Spot Silver Trading Chart 13 July 2010

Spot silver prices mirror the general malaise within the commodity markets at present with most of the metals and energy complex trading in a relatively narrow range against a backdrop of thin markets and the start of the US earnings season which will set the...

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Spot Silver Trading Chart 12 July 2010

Last weeks bounce higher in the spot gold price, was also reflected in the spot silver market which saw Friday’s price action push the industrial metal back above the $18 per ounce price handle once again, and closing the silver trading week marginally above the...

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Spot Silver Trading Analysis 8 July 2010

The 200 day moving average once again came to the rescue for spot silver yesterday with the low of the day at $17.54 per ounce finding a platform of support from this key indicator which also supported the pullbacks both in early June and early...

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