Silver Market Update
...another day - another Gap higher
... as Silver prepares to take on $32.20 - again.
...and the shape of the market.
...The Market Cleared Resistance...and Failed.
...horizontal resistance has been cleared
markets unwind...as Q3 comes to an end
...better late than never
.... while we wait for the Fed.
momentum is fading.
...Gold Shows Strength, While Silver Lags
...and silver starts to move.
...Silver refuses to confirm.
... as Silver flirts with potential sell-off.
...as the global markets reel.
...our first target
...Silver is pulling back.
...assassination attempts have consequences.
...decisive point approaches.
...that didn't take long.
...it's the bounce that counts.
...mapping out the channel.
...power down trend has fallen.
...starting with Crude Oil - and impacting everything.
...and why we have further to run.
...there are no free rides, even on the bull.
...or at least to the Stars
...finally. on the back of Silver
...the channel top approaches
...but show signs of life.
...as indecision reigns.
both Silver and Gold are barely holding on.
...as we head towards the end of the year.
...as we head to the holidays.
...as our trend line gives up the game.
...as the retracement takes hold
as we hit the end of the Month.
...and brings a light to Gold
...the marker is clear.
...music to the ears of Bulls.
...silver looks like its completed the retracement.
...more confirmation.
... will it dent Gold's rally?
...worries are mounting for the rally.
The Technicals are on Message.
...is Gold getting ready to move higher?
....but needs to hold the recent move.
...do we finally have some light at the end of the tunnel?
..and the world careens into chaos.
...are we on the comeback trail?
update
...presented without comment
we've made it to $24.31
...bumping along the top.
... and gaps higher
...it's the same 'ol story
...horizontal support in play.
... the market remains unsettled and is best avoided.
no sign of let up in USD charge
...the importance of stops when the market lurches.
up over 1% this morning
Euro below 1.13
...the bears are coming under repeated attack.
...as the downtrend reasserts itself
...our Power trend is over...but the market remains bid.
...after flashing a sell signal.
...after a near vertical run.
....trading the Bull market
...after a momentous day.
...for a new market.
the clock is ticking on this recent rally
after another positive day.
...after a solid Friday finish.
...a mixed picture on an important Friday
...are we starting a new era of volatility?
... and a look at the 'fibs'
...after the deluge...a new uptrend in development?
laying out the Silver stall
...consolidating the energy in an up-trending market.
...in the face of an adverse formation
...as the Channel looks ready to fall.
...after a strong run.
...our 'cautious optimism' proves founded.
The Friday Follow Through didn't happen - but the market is consolidating.
...but look likely to charge again.
...as we approach the downtrend.
...the dynamic is changing.
...the Commodity Complex is on Fire, and the Metals are finally catching up.
... mostly of the 'dead cat' variety
...just when the Bulls thought they were out of the Danger Zone
...as the quarter comes to a close.
down by more than 4% on the day.
...as the long-term downtrend is touched.
...Is the US Dollar getting Ready to Run Higher?
Metals fail to recover as possible Evergrande default freezes the market.
... as the bounce from $22 continues.
The $22.00 level has held... so far.
...silver down almost 5% on the day.
...and the Metals are no exception.
our trend line in Silver has been negated... now the new one.
we got our pullback; in a traders' market.