Comex Silver (SI) Intraday bias in Silver remains neutral for the moment as consolidation from 17.69 is still in progress. Some more sideway trading might be seen but downside is expected to…
Category: Silver
Silver Daily Technical Outlook
Comex Silver (SI) Silver recovery was limited below 17.69 and consolidations from there continues. Some more sideway trading might be seen but downside is expected to be contained by 16.06 cluster support…
Silver Daily Technical Outlook
Comex Silver (SI) Silver’s consolidation from 17.69 is still in progress and might extend further. But still, downside is expected to be contained by 16.06 cluster support (38.2% retracement of 13.495 to…
Silver Daily Technical Outlook
Comex Silver (SI) Silver’s pull back from 17.69 is still in progress and extends further today. As discussed before, a short term top is in place with bearish divergence conditions in 4…
Crude Oil Retreats – Investors Need Evidence on Demand
Crude oil price trades narrowly with a soft tone in Asia Monday. Although we have received some stronger-than-expected economic data and the global environment seems to have turned more positive, all these…
Silver Weekly Technical Outlook
Comex Silver (SI) Silver’s rally extended further to as high as 17.69 last week before retreating mildly. Considering bearish divergence conditions in 4 hour MACD and RSI, a short term top might…
Weekly Fundamental Outlook for Energies and Metals – Crude’s Rally Derailed from Fundamentals Again
Strength in stock markets and decline in USD were the major reasons for the rises in commodities. In the US, Dow Jones Industrial Average climbed +2.2% to settle at 9820 while S&P…
Silver Daily Technical Outlook
Comex Silver (SI) Break of 17.17 minor support, with 4 hours MACD crossed below signal line indicates that an intraday top is formed. Also, considering bearish divergence conditions in 4 hours MACD…
The Stealth Gold Bull Market is Back But Americans Love Silver
Silver Stock Report by Jason Hommel, September 17th, 2009 One trouble with Americans is that we think we are the center of the world. We do have about 5% of the world’s…
Silver Daily Technical Outlook
Comex Silver (SI) Silver retreats mildly after rising to 17.69 but still intraday bias remains on the upside as long as 17.166 minor support holds. Further rise should still be seen towards…