Search Results for: Silver
A whale is accumulating silver futures
July 12th, 2019
Silver’s recent price performance has been disappointing. Normally, it is almost twice as volatile as gold, so when the gold price rises 11%, as it has since last December, you would expect silver to rise about 20%. Instead it ...
Elliott Wave Analysis: Silver Looking Lower, while GBPNZD In for More Gains!
June 24th, 2019
Like gold, silver can also be trading at the start of a third leg to the downside, which can be labelled as wave C) of 3). Either way we believe more weakness may follow on metal, especially since ...
Elliott wave Analysis: Silver Can Be At The End Of A Big Triangle Pattern
April 25th, 2019
Silver moved lower this week but found a support at 14.70 where trendline of previous two swing lows caused a bounce. Actually, this trendline can be part of a wedge, maybe even an ending diagonal for wave C of ...
Elliott wave Analysis: GBPUSD and Silver Intra-day Update
March 27th, 2019
Cable is doing quite well. After a five-wave rise into wave A away from 1.3000 level, we can see a slow three-wave a-b-c corrective decline in wave B, from where we may see a bullish continuation for wave C ...
Once ‘the most hated metal’, silver is now in an uptrend
January 10th, 2019
The precious metal silver is seeing a strong start in 2019, with prices near their highest levels in almost six months. It is a great buying opportunity for investors now, metal analysts say. Continued financial market volatility and a ...
Gold And Silver Are Acting Like It’s 2008. They May Be Right
September 6th, 2018
2008 has special significance for gold bugs, both because of the money they lost in August of year and the money they made in the half-decade that followed. Today’s world is beginning to feel eerily similar. Let’s start with ...
Gold and silver futures action turning positive
July 23rd, 2018
After a brutal few weeks in precious metals, you’d expect trend-following speculators to be heading for the exits. And the most recent gold and silver futures action — aka the commitment of traders (COT) report — shows exactly that. ...
Things Are Lining Up Nicely For Gold And Silver
July 4th, 2018
Beginning in early Spring, gold and silver faced two serious headwinds: Seasonality – that is, the annual decline in bullion demand from China and India once wedding season ends – and the internal structure of the futures markets, where ...
Paper gold market normalizing, Silver getting even more extreme
May 7th, 2018
The past few months have seen some unusual, maybe even unique, developments in the gold and silver futures markets, with gold becoming extremely bearish and silver almost ridiculously bullish. Neither imbalance has amounted to much in terms of ...
Silver Speculators Go Short – Which Is Extremely Bullish
March 27th, 2018
Friday’s commitment of traders (COT) report for gold and silver offered more of the same. Which is to say the gold futures action was boring and the silver action was strange and exciting. Starting with gold, the large ...
