
Silver Weekly Price Forecast – A Very Bullish Week for Silver
Silver has risen substantially over the past week, easily surpassing the $21.50 threshold.
Everything you need to know about gold news.
Silver has risen substantially over the past week, easily surpassing the $21.50 threshold.
During the course of the trading week, natural gas markets attempted to advance, but they have run into significant resistance from above.
Gold markets initially declined during the week, but the 50-Week Exponential Moving Average provided sufficient support to turn things around.
Crude oil markets have declined slightly over the course of the trading week as we continue to trade within the same range.
The price of silver has declined significantly over the course of the week, but it did rise slightly on Friday.
Gold opened with a spread to the upside in the futures market. However, there is still a great quantity of background commotion to contend with.
Due to the continued presence of erratic price action, silver has retreated slightly during the trading period on Monday.
During the trading period on Monday, the price of crude oil originally declined a little, but soon found buyers again right around the 50-Day EMA.
Gold markets have declined somewhat during Friday’s trading session, only to show signs of life at the 38.2% Fibonacci level.
Although falling heavily over the week, silver rebounded on Friday from the 50% Fibonacci retracement level.