During the trading week, silver attempted to retreat slightly, but then exploded higher as it appears we are attempting to liquidate a massive block of orders above.
Written by: Winona Grant
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Silver has gapped higher during Monday’s trading session, as we continue to observe a great deal of erratic behavior in general after a tremendous increase.
Written by: Winona Grant
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Silver has risen substantially over the past week, easily surpassing the $21.50 threshold.
Written by: Winona Grant
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On Thursday, silver fails to find acceptance above its 100-day simple moving average and moves lower. Breaking below the 38.2% Fibonacci retracement level should pave the way for more intraday losses. A persistent move above the $19.55-60 confluence will be interpreted as a bullish trigger.
Written by: Winona Grant
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The silver market fluctuated during Thursday’s trading session, as we desperately cling to the level of support.
Written by: Winona Grant
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On Thursday, the silver market gapped to start the day before surging to new heights in response to the dismal US GDP figure.
Written by: Winona Grant
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