Gold Market Wire
News, analysis and commentary for gold traders and investors
Silver Market Update
The Importance of the Silver Close Today
November 30, 2023 - (Gold Market Wire) - We write to bring attention to the Silver close today, the last trading day of the month. A Battle Royale is gong on at the horizontal line, and the chart shows why. This has been a place of contention, and a close above it may signal that very powerful moves higher could be in the offing over the next three months.
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Silver is where the psycho-locals hang out. If we get the close above $25.14, especially if it's a decisive one... we could be off to the races before long.
Here's the Zoom in:
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This is going to be an interesting close today. Pay attention.