
Forecast for Silver Prices – Silver Continues to Crash
We are well below the $18.00 barrier as the price of silver continues to tumble significantly during Thursday’s session. The market has broken through the key support level.
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We are well below the $18.00 barrier as the price of silver continues to tumble significantly during Thursday’s session. The market has broken through the key support level.
As we continue to price in the possibility of a worldwide economic slowdown, crude oil markets declined again during Thursday’s trading session.
The natural gas market has fluctuated throughout the day on Thursday, as prices continue to hover around $9.
The gold market has declined slightly during Thursday’s trading session as investors anticipate Friday’s employment report.
During Tuesday’s trading session, natural gas markets fell again, as it appears we are attempting to break free of the $9 level.
Tuesday’s trading session saw a slight decline in gold prices, as we continue to hover near the same support gap that we tested on Monday.
During Tuesday’s trading session, silver prices have moved a tad lower but continue to find some support underneath.
Monday’s trading session saw a little crude oil market rally, as it appears we are attempting to continue the breakout from the falling wedge.
Gold markets fell initially during Monday’s trading session, but have since shown signs of life as they cling to the $1750 support level.
On Monday, natural gas markets plummeted to the $9.00 level, displaying signals of weakness, but have since shown signs of life.