Silver has formed what is believed to be an intermediate top over the past five weeks or so. Consequently, it should soon start to consolidate from this resistance level.
On its three-month chart, we can see this presumed topping...
Clive Maund
Articles by Clive Maund
The long-term outlook for silver is very positive indeed, but over the short to medium-term it looks set to react.
On its short-term 3-month chart (below), we can see that, after rising sharply late last month, a sizeable bearish "...
On its short-term 3-month chart (below), we can see that, after rising sharply late last month, a sizeable bearish "...
Both silver’s price action and its latest COTs suggest that it has just put in a short to medium-term top, a view which is reinforced by what we are seeing in gold, where COTs just hit a record extreme. Long-term the outlook for both gold...
Well, we got our short covering rally in the broad market after non-confirmation of the recent low by various indicators, and now the market has risen up into shorting territory again. There was apparently a sudden 10% drop in China last...
The combination of silver having arrived at a short-term target with bearish looking candlesticks appearing, gold completing a Head-and-Shoulders top and latest COTs for both gold and silver being at the sort of extreme readings...
Whilst silver had a good week last week, outperforming gold and rising to multi-month new high, it looks like that may have been its "swan song" for a while. It looks quite positive at first sight on its latest 6-month chart with the new...
In the early part of Precious Metal bullmarkets, gold performs better than silver, but in the latter part silver outperforms gold. The reason is that the early part of bullmarkets in the sector are characterized by more serious and sober...
Silver has been somewhat weaker than gold in the recent past and dropped to clear new lows last Monday, as we can see on its 6-month chart below, but this should not come as a surprise as its recent COT structure has been nowhere near as...
Silver broke out with gold on Friday, following an extraordinary plunge in the dollar on Thursday. On its 3-month chart we can see that the ground had been well prepared for this move, with an intermediate base pattern having formed above...
The last update posted on October 18TH called a top in silver…and that is what it turned out to be. On its 3-month chart we can see that silver broke down from a small Head-and-Shoulders top at the end of October and then went into a...
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