Silver Futures Market 1 Sep 2010

Following the breakout of last week which saw silver futures breach the upper price band of the recent sideways trend at $18.65 per ounce, this upwards bullish momentum has continued apace this week with yesterday’s wide spread up candle further accelerating the silver price.  Today’s...

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Silver Futures 25 Aug 2010

September silver futures continue to trade in a narrow range with yesterday’s wide spread up candle pushing the industrial metal back above the $18 per ounce level once again and firmly above all three short term moving averages as a result.  This positive momentum has...

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Silver Futures Market 23 Aug 2010

September silver futures on Globex closed lower on Friday once again, ending with a wide spread down candle which breached all three short term moving averages and pushing silver futures back into the sideways consolidation channel.  Friday’s move lower came as no great surprise following...

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Silver Futures Market 20 Aug 2010

September silver futures on Globex closed marginally lower yesterday as a narrow spread down candle but with a deep wick to the upper body which managed to hold and cling above all three short term moving averages which are now closely intertwined on the daily...

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Silver futures market

Silver futures continued to trade in a relatively narrow range yesterday, and despite the recent strong gains in gold, the industrial metal is still failing to correlate to any great extent with the precious metal, a trading relationship that was once firmly established. The reasons...

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