Markets

Silver (XAGUSD) Price Live

17.00
01:58:45(GMT)
0.0550
(0.32%)*Daily Change

TECHNICAL SUMMARY

BUYMoving Averages
NEUTRALTrend Indicators
SELLNumeric Indicators
NEUTRALVolatility Indicators

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LATEST NEWS

4 hours ago

Commodities Consolidate as they Await Next Direction

Gold prices and other commodity prices continued to consolidate for the second day. After a strong uptrend during the early part of the year, gold price seem to have settled down and they are waiting for some impetus from some direction for it to make the next move in a specific direction. The prices are … Continue reading Commodities Consolidate as they Await Next Direction

yesterday

Gold and Silver Begin Their Correction

Gold prices began their correction as we had mentioned in our forecast yesterday. The gold prices had been rising from 1160 and had been showing some good strength on the back of dollar weakness across the board. We had expected some serious resistance and correction in the 1200 region but the commodity had managed to … Continue reading Gold and Silver Begin Their Correction

2 days ago

Oil Prices Continue to Consolidate, Is it Time to Fall?

Gold prices continued to trade strongly yesterday and today as well as the increase in global risks and fears and the weakness in the US dollar all contributed to the increase in the gold prices. With this break through the 1200 region, we are likely to see the gold prices spurt further higher but we … Continue reading Oil Prices Continue to Consolidate, Is it Time to Fall?

3 days ago

Gold Prices Consolidate and Wait for Next Turn

Gold prices consolidated and ranged for a large part of the day yesterday as global fears continued to mount yesterday and over the weekend and this helped to keep a bid under the gold prices and helped to keep it close to its range highs and above 1205. We have the speech from the UK … Continue reading Gold Prices Consolidate and Wait for Next Turn

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LATEST FORECASTS

Christopher Lewis

Silver Forecast January 20, 2017, Technical Analysis

The Silver markets broke down below the $17 level during the session on Thursday, reaching towards the 16.75 level underneath. I believe we will continue to go lower, perhaps reaching towards the 16.50 level underneath. I believe that if we can break down below the 16.50 level, we should continue to reach towards the $16 … Continue reading Silver Forecast January 20, 2017, Technical Analysis

Christopher Lewis

Silver Forecast January 19, 2017, Technical Analysis

The Silver markets pulled back initially on Wednesday, testing the $17 level for support. By doing so, we bounced and formed a hammer, which of course is a bullish sign. However, I want to see this market break above the $17.25 level to continue going long. If we do that, the market should continue more … Continue reading Silver Forecast January 19, 2017, Technical Analysis

Christopher Lewis

Silver Forecast January 18, 2017, Technical Analysis

Silver markets initially fell on Tuesday but found enough support at the $16.50 level to turn around and a break above the $17 level. I know believe that the $17.25 handle is the “ceiling”, but if we can break above there I believe that Silver markets will continue to go higher. The candle certainly looks … Continue reading Silver Forecast January 18, 2017, Technical Analysis

Christopher Lewis

Silver Forecast January 17, 2017, Technical Analysis

Silver markets rallied on Monday, but found the $17 level above to be resistive. Because of this, we turned around to form a small shooting star. I think the market is going to continue to consolidate, with the $17 level on the top being resistive, while the $16.50 level below will be supportive. Longer-term, I … Continue reading Silver Forecast January 17, 2017, Technical Analysis

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