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The silver market tried to rally during the recent trading week. However, the markets broke down to touch the bottom of the ascending triangle.
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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
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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
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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
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Silver Markets initially dipped recently towards the $26 level and then bounced back, showing signs of strength again. Continue reading
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Silver recently rose to an almost eight-year high after an extended surge that commenced with the retail-investor sweeping through markets. Continue reading
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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
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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
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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
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After almost three weeks of downward-and-sideways price action for both white and yellow precious metals, experts believe that both metals have set up another breakout/rally attempt. The attempt is observed after breaching downward resistance. Continue reading