Tag: silver
Chartology: Silver Bounces Off 20 Week MA, Now What?
By Andrew Nyquist
Quick update on Silver (SLV). This week saw a nice bounce off the 20 day moving average (noted last week). That said, the...
Chartology: Silver Bulls Hoping 20 Week MA Holds
By Andrew Nyquist
The past few weeks have definitely been heavy for Silver (SLV). Since hitting the 38.2 percent Fibonacci retracement level, silver has been hit...
Macro Technical Update on Silver
By Andrew Nyquist
Due to time constraints this morning, I'm going to keep this a bit short and let the charts speak for themselves. In summary,...
Silver Knockin On Fibonacci’s Door
By Andrew Nyquist
Since breaking out above its downtrend line, Silver (SLV) has rallied to the key Fibonacci retracement level of 38.2 percent ($34.12). This level...
Chartology: Silver (SLV) Breakout
Silver (SLV) rocketed higher pushing to the 30.75 resistance level that I mentioned in my previous technical update. However, considering the way it burst...
Chartology: Silver (SLV) Technical Update
After forming a three month base, iShares Silver (SLV) broke out above resistance to new short term highs (see previous chartology on Silver). The...
Chartology: Silver (SLV) Basing on Long Term Trend Line?
Silver (SLV) has spent the better part of the past 3 months attempting to form a bottoming base. 27.50 and 28.00 appear to be...
Gold and Silver Holding Above Critical Support
By Andrew Nyquist
Last week, both Gold and Silver bounced off major support lines and thus far the bounce has been strong. But bulls shouldn’t let...
Chartology: Silver Bounces Off Critical Support
Over the past year, Silver prices have tested critical support near 25 dollars three times. Question is, will it hold again? And is three...
Chartology: SPX 1320 Important on Intraday, Short Term Basis
By Andrew Nyquist
As fear hit the indexes again early this morning, a funny thing happened... the Volatility Index (VIX) recorded a lower high and Gold...