Silver Hits $34.40 Level
March 1, 2011 7:49 am by Anton EljwizatSilver prices rose significantly in the past month and peaked at $34.40 an ounce. However, the daily chart is suggesting that a recent upwards trend is loosing steam and a bearish correction is impending. Forex traders involved with commodities like ...
Why Silver’s Rising Price will Outpace Gold’s
February 21, 2011 11:30 am by Greg HoldenNo doubt every trader in the market at this week’s start noticed the sudden surge in commodity prices. Precious metals like Gold and Silver in particular have gained an exorbitant amount over the past month. But are their price movements ...
Sell Signals on Silver
December 29, 2010 2:19 pm by Anton EljwizatSilver's sustained upward movement has finally pushed its price into the over-bought territory on the 4-hour chart's RSI. Not only that, but there actually appears to be a bearish cross on the Slow Stochastic pointing to an imminent downward correction. ...
Silver Trading Update
November 26, 2010 10:38 am by Anton EljwizatTypical of a sustained movement, similar to what silver prices have been experiencing, there eventually arrives a decision point. Concerning the price of silver, that point may have arrived. We’ve seen silver prices climbing steadily these past few weeks as ...
Silver Hits $27.55 an Ounce
November 25, 2010 9:54 pm by Anton EljwizatSilver was little changed on Thursday, lacking strong impetus due to the U.S. Thanksgiving holiday but backed up by some safe-haven buying amid Europe's debt crisis and heightened tensions between North and South Korea. However, there is much technical data ...
Silver Rises Above $19 an Ounce
May 13, 2010 9:34 am by Anton EljwizatSilver prices rose significantly in the last week and peaked at $19.50 an ounce. However, the 8-hour chart is suggesting that a recent upwards trend is loosing steam and a bearish correction is impending. Forex traders involved with commodities like ...
Silver Recovers to $15.20 an Ounce
February 9, 2010 6:22 pm by Anton EljwizatSilver prices steadied above $15.20 on Tuesday, but sentiment continued to be hurt by worries over fiscal stability in Europe, curbing appetite for riskier assets such as commodities. Silver recovery from three-month lows hit last week has been limited due ...
Silver Trades Around $17
January 26, 2010 10:42 am by Anton EljwizatIn last week’s trading, the silver experienced much bearishness. However, as I will illustrate below the 8-hour chart’s oscillators support a bullish reversal for today. Traders should take advantage of this unique opportunity and use the volatile market in order ...
Impending Bearishness for Silver
January 11, 2010 6:26 pm by Anton EljwizatLast week's bullish movement in Silver has pushed a number of technical indicators into the over-bought territory. As I will demonstrate below, the price of Silver may very well be heading for a reversal. Forex traders can take advantage of ...
Silver Reversal in the Works
October 12, 2009 2:51 pm by Anton EljwizatSilver prices gained sharply in last week's trading session and touched a record high of $17.94 per ounce, as a weaker dollar provided support to the upside. However, as I demonstrate below, that the silver may very well be heading ...
