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17.8790 -0.628 (-3.39%)
17:35:08 (GMT)
Bid 17.8540
Ask 17.9040
Open 18.5070
High 18.5730
Low 17.8200
 

Daily Technical Analysis

The silver markets as you can see gapped lower at the open on Thursday, dropping below the $18.60 level. With that, we ended up falling down to the $18.30 level, but bouncing later in the day to form a perfect...
Silver markets did very little during the session on Wednesday, but did attempt to break out to the upside at one point. Nonetheless, we ended up failing and turning back around to form a shooting star. This is the second...
The silver markets as you can see initially broke higher during the course of the day on Tuesday, but found enough resistance and the $18.75 region to turn things back around and form a shooting star. The shooting star of...
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Weekly Technical Analysis

The silver markets fell during the course of the week, breaking well below the $19.00 level. In fact, it appears that the silver market is ready to start breaking down again, but based upon the larger triangle, we feel that...
Summer markets fell during the course of the week, testing the $19.00 level. We see support all the way down to the $18.80 level, so although we are testing that support with significant bearish pressure, we have not broken down...
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Daily Fundamental Analysis

Analysis and Recommendations: Silver dipped to trade at 18.443 as precious metals lost their interest. Copper gained 2 points to trade at 3.096 well within its trading range. London copper was set to end the week flat on Friday as...
Analysis and Recommendations: Silver fell 226 points to trade at 18.508 while Copper gave up just 11 points but traded at 3.132 supported by Chinese stimulus measures. Worse-than-expected figures from China also affected the prices of base metals, which fell...
Analysis and Recommendations: Silver gave up 79 points as traders booked profits after yesterday’s climb, while Copper dipped 17 points to trade at 3.15. Stimulus measures from the PBOC are push metals to rally on Tuesday and traders are booking...
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Weekly Fundamental Analysis

December Comex Silver futures traded down to its lowest level...
December Comex Silver futures finished lower for the seventh week...
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More Silver Report

 
Commodities primarily metals and energy took a nosedive after the FOMC decision. Earlier in the week metals were supported by the massive stimulus program by the Peoples Bank of China. Asian equities trade on a mixed to positive note with Japanese Nikkei scaling higher as it currency...
Gold traders reacted harshly to the FOMC press conference on Wednesday and Asian traders continue to push the commodity downward. Gold gave up $12.40 this morning to trade at 1223.50 and continues to decline. The US dollar soared to a 2014 to trade at 84.84. Silver tumbled...
Metal Markets ranging from precious to industrial metals gained on Tuesday. With traders focused on the Federal Reserve, new headlines came from all unexpected sources this week. The OECD reduced global growth on Tuesday, with G7 countries all seeing downgrades, with US growth being revised from 2.6%...