Tag: silver

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...

Technically Speaking, Precious Metals a Mixed Bag

By Andrew Nyquist Everyone seems to have a take on Gold and Silver these days. From government debt to a weak dollar/inflation to debt destruction/deflation... it's a...

Chartology: A Near Term Look at Silver

                                Silver Spot Price annotated daily chart with technical analysis overlay as of April 13, 2012.  Price Support and Resistance Levels.  Related: SLV --------------------------------------------------------- Twitter:  @andrewnyquist and @seeitmarket     Facebook:  See It Market No...

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