Should it occur, a decisive break above $50 silver would complete an epic, 45-year cup-and-handle pattern, and market technicians would then look for a slingshot move higher from there. Zooming into a ...
While gold prices surged to a new all-time high of USD 3,500 on April 22nd following a spectacular rally, silver continues to trade significantly below its strong resistance zone around USD 35.
Silver hit a corrective low of 22.10 two weeks ago and has been attempting to rally off that low since. It is possible that 22.10 is the completion of the correction off the May 5, 26.12 trend high.
Silver tested dynamic trend support Monday and rebounded within a developing bullish wedge above key price levels and Fibonacci support. Silver continued to consolidate near recent highs on Monday, ...
Gold and silver made a strong start for the week but then lost sheen in the second half. The trigger for the fall came after the longest government shutdown in the US ended on Wednesday. The hopes for ...