Comex Silver (SI) Silver’ rally resumes after brief consolidation and reaches as high as 17.37 so far. Short term outlook will remain bullish as long as 16.42 support holds. Sustained trading above…
Category: Silver
Silver Daily Technical Outlook
Comex Silver (SI) Intraday bias in silver remains neutral for the moment as consolidation continues between 16.06 and 17.01. Nevertheless, further rally is still in favor as long as 16.061 minor support…
Risk Aversion Returns amid Trade Protectionism
Crude oil price extends last Friday’s weakness and slides to 68.5 in Asia Monday as driven by decline stock markets and rebound in USD. Recent rallies in commodity and stock markets have…
Silver Daily Technical Outlook
Comex Silver (SI) With 4 hours MACD crossed below signal line again, intraday outlook in Silver is turned neutral. Nevertheless, further rally is still in favor as long as 16.061 minor support…
Silver Weekly Technical Outlook
Comex Silver (SI) Silver’s rally extended further to as high as 17.015 last week and met mentioned target of 11.725 to 16.25 from 12.435 at 16.96. Initial bias remains on the upside…
Weekly Fundamental Outlook for Energies and Metals – Consolidation in Crude Oil will Continue in Coming Months
Commodity prices rose modestly last week amid weakness in USD. Reuters/Jefferies CRB Index added +1.4% while USD Index plunged almost -2% to 76.6, the lowest close in a year. Commodities normally trade…
Silver Daily Technical Outlook
Comex Silver (SI) Silver’s rally resumes after brief pull back and edges higher to 16.97, meeting mentioned 100% projection of 11.725 to 16.25 from 12.435 at 16.96. Intraday bias will now stay…
Silver Daily Technical Outlook
Comex Silver (SI) An intraday top is in place in Silver at 16.86, just ahead of 100% projection of 11.725 to 16.25 from 12.435 at 16.96. Some pull back should now be…
Silver Daily Technical Outlook
Comex Silver (SI) Silver’s break of 16.337 minor support suggests that an intraday top is in place at 16.85, just ahead of 100% projection of 11.725 to 16.25 from 12.435 at 16.96….
Silver Daily Technical Outlook
Comex Silver (SI) Silver rises further to as high as 16.86 so far today and intraday bias remains on the upside for 100% projection of 11.725 to 16.25 from 12.435 at 16.96…