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.

The silver market initially pulled back during the week but tested the $24.50 level only to show signs of strength. At this point it looks like the weekly chart ... need to pay close attention ...

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.

Time will tell us how close we actually are to the next silver price surge. The following chart of silver prices with moving averages of 50, 100, and 200 may be quite instructive to shorter-term ...

Keep in mind that silver is highly sensitive to the US dollar in a negative correlation, so therefore I think you have to pay close attention to the US Dollar Index. As inflation came in cooler ...

Thursday hit a 13-year high above $36.00 an ounce. This surge has been brewing all week. On Monday, we saw a strongly bullish ...

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 ...

Notice on the chart that last week’s new ... It is important to add that silver ended last week at its highest weekly closing price since October 2012. This is consistent with the bullish ...

Silver markets went back and forth during the week, forming a very neutral candle stick, with the $14 level showing signs of being a very important on longer-term charts. Ultimately, I think that ...

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.

but that’s probably true anytime you are trying to trade silver. In the short term, do not be surprised at all to see some sideways action, therefore you may have to go back to the daily charts ...