The precious white metal prices recently moved sideways, which formed a Doji day, which experts explain is a sign of indecisiveness in the market. Typically, the occurrence occurs when the commodity’s open and close prices are at the same levels. Continue reading
Silver Markets Persist to Test Bottom of the Triangle
The silver market tried to rally during the recent trading week. However, the markets broke down to touch the bottom of the ascending triangle.
Continue reading
Silver Markets Linger at Same Price
The silver markets rallied during the trading sessions recently. However, the precious white metal gave back the gains rather quickly above the $20 level. Currently, the yields are hovering with the level set around $28. Continue reading
Silver Markets Carry on the Bullish Run
Silver markets initially pulled back during the trading session recently. However, the market then turned around to break much higher. At this point, it looks as if the market will go looking towards the upside and touch the $28 level. Moreover, the precious white metal market will be driven and highly influenced by the reopening trade and, of course, industrial demand because the precious metal is an industrial metal. Continue reading
$100 Silver Within Reach
Silver enthusiasts have had a psychologically challenging, last few weeks. With the white precious metal gaining about 47% in 2020, the best year since 2010, it easily outpaced gold’s 25% return. In reality, the white metal is down 9% so far in 2021. Continue reading
Silver Markets Poised AT 50 Day EMA
Silver Markets initially dipped recently towards the $26 level and then bounced back, showing signs of strength again. Continue reading
Silver Spikes to 8-Year High as Retail-Investors Sweep Markets
Silver recently rose to an almost eight-year high after an extended surge that commenced with the retail-investor sweeping through markets. Continue reading
Silver Bulls and Gold Stay Strong to Start 2021
The future prices of gold and silver are trading sharply up recently in midday U.S. action. The yellow metal hit a seven-week high and silver metal a 3.5-month high. Continue reading
Silver Markets Resume Stalling
The white precious metal market recently tried to rally during the trading session but met too much resistance to continue going higher. With forming the candlestick, essentially post-bearish (gravestone doji), experts suggest that it is time for a pullback. Continue reading
Silver Markets Continue to Show Clamorous Behaviour
The white precious metal gapped higher to kick off the session recently. However, the metal gave back the gains almost immediately, as the market crashed into the 50 day EMA again. Continue reading