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Trading gold and silver has become increasingly popular over recent years. This article will focus on the online trading of gold and silver.
Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of April 3, 2017.
Silver markets have been positive towards the end of March, bouncing off the 61.8% Fibonacci retracement level.
Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of February 27, 2017.
Silver markets initially fell during the course of the day on Thursday, finding support near the $20 level.
Silver markets initially tried to rally during the course of the day on Monday, but the $20.50 level offered a bit too much resistance, forcing the market to turn things back around.
Silver markets continue to look as if they are one of the more interesting markets right now, and during the day on Thursday we tried to break out above the $20.50 handle, which was the top of the recent consolidation area.
During the day on Monday, the Silver markets fell initially, but we did find enough support underneath the $19.50 level to turn around and form a hammer.
The silver markets initially fell during the day on Friday, as the jobs numbers came out much stronger than anticipated.
Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of July 4, 2016.
Lately, I’ve been speaking about silver quite a bit. After all, it is one of the better performing markets that I follow, and we have finally broken above the $18 level which was a massive resistance barrier.
Silver markets have been rather sideways over the last couple of weeks, so it makes sense that perhaps the market should remain within the consolidation that we’ve seen for some time.
Silver markets initially fell during the day on Monday, but found enough support at the $17 level to turn things back around and form a nice-looking hammer.
Be prepared for the trading week of June 13, 2016 ahead using our weekly Forex forecast featuring some of the major currency pairs here.
Silver markets had a very volatile session on Monday, as we had initially rallied right off the bat. However, we found quite a bit of resistance near the $17.50 level, causing the market to turn things around and form a shooting star.
According to the analyzes of the silver and EUR/USD, trader profited using a binary options platform. Find out how here for May 19, 2015.
Looking at the silver markets in the spot index, you can see that we have broken above the $17.50 level during the session on Monday, and out of the previous large consolidation area.
Silver markets didn’t do much during the session on Monday, as we continue to go nowhere. The market is currently stuck between the $17 and $17.50 levels.
Silver markets fell rather hard during the course of the day on Tuesday, slicing through the $17.50 level with ease.
Silver markets fell rather rapidly during the session on Monday, testing the result of anyone left willing to buy.