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Category: Silver

Silver Daily Technical Outlook

Posted on September 7, 2009

Comex Silver (SI) Silver stays in tight range today and upside momentum is diminishing a bit with 4 hours MACD crossed below signal line. Nevertheless, intraday bias remains mildly on the upside…

Narrow Trading Across The Board. CFTC Commitments Of Traders Saw Significant Decline In Crude Net Longs

Posted on September 7, 2009

Commodity prices trade narrowly Monday due to Labor Day holiday in the US. Crude oil price edges slightly higher to 68.12 from Friday’s close of 68.02. This week’s focus is on OPEC’s…

Silver Weekly Technical Outlook

Posted on September 6, 2009

Comex Silver (SI) Silver rose sharply together with other precious metals last week and reached as high as 16.40 last week, breaking prior high of 16.25. Initial bias remains on the upside…

Silver Daily Technical Outlook

Posted on September 4, 2009

Comex Silver (SI) Silver rises further to as high as 16.31, touching prior medium term high of 16.25 before retreating mildly. At this point, intraday bias remains on the upside and further…

Silver Daily Technical Outlook

Posted on September 3, 2009

Comex Silver (SI) Silver rises sharply higher today and the break of 15.185 resistance confirms that whole rally from 12.435 has resumed. At this point, intraday bias remains on the upside for…

Silver Daily Technical Outlook

Posted on September 2, 2009

Comex Silver (SI) While upside momentum is diminishing a bit, intraday bias in silver remains on the upside with 14.525 minor support intact. Further rise could still be seen to 15.185 resistance….

Silver Daily Technical Outlook

Posted on September 1, 2009

Comex Silver (SI) At this point, intraday bias in Silver remains on the upside and further rise could be seen to 15.185 resistance. Break there will confirm that whole rally from 12.435…

Silver Daily Technical Outlook

Posted on August 31, 2009

Comex Silver (SI) Intraday bias in Silver remains on the upside for the moment with 14.475 minor support intact. As discussed before, the break of 61.8% retracement of 15.185 to 13.495 at…

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