Silver analysis

[June Moon]

The silver market is under the moving average point which is strictly providing bearish signal to the sellers. The environment is fully in favor of sellers and to the sellers the entry point is at 17.190 and the closing point is at 17.004.

 

[lioneld]

Maybe your analysis is based on lower time frames; that’s way you are thinking it’s a bullish trend! But if you take a look on the daily chart; then the scenario will be different! Yes, the overall trend is bullish and now I am expecting a bullish move here according to the market trend.

 

[bolide]

Commodities such as Gold and Silver pay an important role in bringing economic stability and as a hedge against the dollar, economic downturn and most importantly, a protection even in the worst case of currencies getting defunct.

 

[Lee Mark]

Commodities such as Gold and Silver pay an important role in bringing economic stability and as a hedge against the dollar, economic downturn and most importantly, a protection even in the worst case of currencies getting defunct.

But, I am interested in only Gold; silver is slightly difficult. Because of high trading spread & less volatility.