Comex Silver (SI) Silver’s recovery was limited at 16.785 last week and weakened again. Initial bias remains on the downside this week for 15.76 first and break will bring fall resumption. As…
Tag: silver weekly technical outlook
Silver Weekly Technical Outlook
Comex Silver (SI) Silver’s fall from 17.69 extended further to as low as 15.95 last week. Break of 16.06 cluster support (38.2% retracement of 13.495 to 17.69 at 16.088) serves as the…
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…
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…
Silver Weekly Technical Outlook
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…