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 ...
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 Hits near $27.75 Level
November 22, 2010 9:49 am by Anton EljwizatSilver prices rose significantly in the last week and peaked at $27.75 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 Hits near $19.50 Level
June 21, 2010 10:59 am 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 Expected to Hit $18.50 an Ounce
April 13, 2010 8:25 pm by Anton EljwizatSilver edged down on Tuesday with investors growing cautious about the pace of its recent rally after a round of physical selling pulled down the precious metal from a three-month high the previous day. This recent activity has raised the ...
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 Drops on Stronger Dollar
February 4, 2010 10:27 pm by Anton EljwizatSilver prices are once again dropping, and it is currently traded around $15.40 per barrel. However, there is much technical data that supports a bullish move for today as described below. Forex traders involved with commodities like this can ...
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 ...
