Gold, silver, and mining stocks finally got an oversold bounce today after being drilled for almost the entire month. The charts below show the downtrend channels in silver and the […]
Category: Silver
Silver Still Trading Poorly
Silver continued to trade to the downside today and if it closes down for the week it will be four straight down weeks to start 2011. The selling appears to […]
Update on Silver
A few weeks ago it was noted that silver was losing momentum to the upside and looked vulnerable for a correction. Since then silver has continued to remain weak and […]
Silver Losing Upside Momentum
A number of bearish technical events have occurred recently in the silver chart. First, a bearish engulfing candlestick has formed on the weekly chart. A bearish engulfing candlestick is a […]