That silver made a close above the Ichimoku cloud on a weekly basis is probably significant. Silver ETF monthly price chart. Viewed on a long-term time frame, you can see that silver remains well ...

Friday’s close (see 1) at the day’s lows ... Silver in US-Dollar, Weekly Chart, Silver, the value price spread: Silver in US-Dollar, weekly chart as of August 13th, 2021.

Silver has initially pulled back a bit ... a situation where you may have to set up the trade on a daily chart but look at the weekly chart for signs of support and resistance for a bigger move.

The $32.50 level is an area that’s been significant resistance previously and therefore, I think we have to pay close ... chart that suggests that we should be thinking of shorting silver ...

Silver has fallen rather hard during the week ... psychologically important figure and a lot of people will be paying close attention to them. What I suspect we will see more than anything is ...

The potential harami candle on the weekly chart highlights ... 33.69 or a confirmed close below $31.80 would likely determine the next directional move for Silver. Silver prices can move due ...

However, if we continue to close for the week at the very bottom of the range, that is not a good look. I like silver longer-term ... of shooting stars on the weekly chart right at the $16. ...

Silver prices dropped on ... but they held to weekly profits of over 1.50%. Silver is upward biased amid dipping to a four-day low of $31.37, but a daily close below the July 13 peak of $31. ...

We talked about silver for the medium term in yesterday’s article Silver Price Close To Major Breakout ... The falling channel indicated in purple on the chart below makes that point.

The candlestick does suggest that there might be a little bit of support here, and for what it is worth on the daily chart we have seen significant ... thereby driving up the price of hard assets such ...