Silver Market Update
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/6780ea051b7285ae85fe04e0_Screenshot%202025-01-10%20at%2010.30.40.png)
...as Trump's inauguration approaches.
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/676e661bfd3122e0ac92d636_Screenshot%202024-12-27%20at%2009.24.30.png)
... the market continues to be uninteresting.
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/67600452d992d10502cfb031_Screenshot%202024-12-16%20at%2011.43.05.png)
...as Gold continues to sleep.
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/6721abe79aff1b76e68d92f8_Screenshot%202024-10-30%20at%2004.40.10.png)
...another day - another Gap higher
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/6711f87bbf8a380ddbeb0c97_Screenshot%202024-10-18%20at%2004.43.21.png)
... as Silver prepares to take on $32.20 - again.
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/670de976de1af50b0cb15123_Screenshot%202024-10-15%20at%2006.01.10.png)
...and the shape of the market.
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/6705f6fed6a0225725ac4bad_Screenshot%202024-10-09%20at%2005.17.32.png)
...The Market Cleared Resistance...and Failed.
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/67034d3585364b5b61eeec7d_Screenshot%202024-10-07%20at%2004.42.57.png)
...horizontal resistance has been cleared
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/66fa80ffcc4a2af8c535d465_Screenshot%202024-09-30%20at%2012.40.13.png)
markets unwind...as Q3 comes to an end
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/66ed14e71d5a6a7c653c1d91_Screenshot%202024-09-20%20at%2008.21.20.png)
...better late than never
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/66e79d1def488a0eb97169ab_Screenshot%202024-09-16%20at%2004.43.55.png)
.... while we wait for the Fed.
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/66dec7e6bd4a78a5582a1ac7_Screenshot%202024-09-09%20at%2011.56.40.png)
momentum is fading.
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/66d97dd59ed1dd39154eb8d5_Screenshot%202024-09-05%20at%2011.33.12.png)
...Gold Shows Strength, While Silver Lags
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/66c4b27970bcbcfe2ecd81e2_Screenshot%202024-08-20%20at%2017.11.54.png)
...and silver starts to move.
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/66bcbd8a75121e7e6552bf72_Screenshot%202024-08-14%20at%2016.15.51.png)
...Silver refuses to confirm.
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/66b5dadd3d9d713760eefa80_Screenshot%202024-08-09%20at%2011.00.46.png)
... as Silver flirts with potential sell-off.
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/66b098ebc7be95242415b37f_Screenshot%202024-08-05%20at%2011.10.21.png)
...as the global markets reel.
...our first target
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/6697d8e85291df543a627753_Screenshot%202024-07-17%20at%2016.40.15.png)
...Silver is pulling back.
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/6696391e1812a919955064e1_Screenshot%202024-07-16%20at%2011.25.09.png)
...assassination attempts have consequences.
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/668faa3900c62207375d6384_Screenshot%202024-07-11%20at%2011.42.40.png)
...decisive point approaches.
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/667bfaf1bfaee9dbdeb8876a_Screenshot%202024-06-26%20at%2013.23.39.png)
...that didn't take long.
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/667a71f900f6e2e1797c2b8b_Screenshot%202024-06-25%20at%2009.29.49.png)
...it's the bounce that counts.
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/667527122cdd6bb1ca61d5c9_Screenshot%202024-06-21%20at%2009.05.16.png)
...mapping out the channel.
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/6661bbdd016c795af4c580c4_Screenshot%202024-06-06%20at%2015.35.21.png)
...power down trend has fallen.
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/665f2553c7b4bc1bcba8f86e_Screenshot%202024-06-04%20at%2016.31.35.png)
...starting with Crude Oil - and impacting everything.
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/6656e7f82a90c9e2ec91bb95_Screenshot%202024-05-29%20at%2010.29.53.png)
...and why we have further to run.
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/664ef26613bc3c48b9116335_Screenshot%202024-05-23%20at%2009.32.04.png)
...there are no free rides, even on the bull.
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/6647a08dbcd818cd2668366c_Screenshot%202024-05-17%20at%2020.22.10.png)
...or at least to the Stars
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/664489638ffa0130c8d65100_Screenshot%202024-05-15%20at%2012.07.15.png)
...finally. on the back of Silver
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/660e74cad38d6295f50ccb47_Screenshot%202024-04-04%20at%2011.33.23.png)
...the channel top approaches
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/65c61073661050b17b026d41_Screenshot%202024-02-09%20at%2012.42.32.png)
...but show signs of life.
...as indecision reigns.
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/6596de4c14f6ce88304421c8_Screenshot%202024-01-04%20at%2017.32.28.png)
both Silver and Gold are barely holding on.
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/658c5ef3d0f14ac79bab5f56_Screenshot%202023-12-27%20at%2018.24.31.png)
...as we head towards the end of the year.
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/6581b09cba9ab82c980cab3e_Screenshot%202023-12-19%20at%2016.00.19.png)
...as we head to the holidays.
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/65772245913ab20657a3dbe0_Screenshot%202023-12-11%20at%2015.49.13.png)
...as our trend line gives up the game.
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/656df3068aff5bd9f18e38ae_Screenshot%202023-12-04%20at%2016.36.44.png)
...as the retracement takes hold
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/6568aef23aa4c53ac969573c_Screenshot%202023-11-30%20at%2016.44.35.png)
as we hit the end of the Month.
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/6565d76f08a2e28ddddd5097_Screenshot%202023-11-28%20at%2013.00.03.png)
...and brings a light to Gold
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/655dd0d41a0ac002fe4cc9ee_Screenshot%202023-11-22%20at%2010.55.31.png)
...the marker is clear.
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/6557562e46badcf5e917ebcb_Screenshot%202023-11-17%20at%2012.56.25.png)
...music to the ears of Bulls.
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/65391fcb9ef38735fa690f7c_Screenshot%202023-10-25%20at%2015.58.02.png)
...silver looks like its completed the retracement.
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/65324fac61666dbb3b9a9b9a_Screenshot%202023-10-20%20at%2011.56.54.png)
...more confirmation.
... will it dent Gold's rally?
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/645cc6087788bb892feab4bc_Screenshot%202023-05-11%20at%2012.37.06.png)
...worries are mounting for the rally.
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/6440fb9e73c2a3072a239628_Screenshot%202023-04-20%20at%2010.38.15.png)
The Technicals are on Message.
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/63917fe980de248696e5bdf5_Screenshot%202022-12-08%20at%2007.07.24.png)
...is Gold getting ready to move higher?
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/636c943b1af2d985fea7fd53_Screenshot%202022-11-10%20at%2007.00.09.png)
....but needs to hold the recent move.
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/624aa64c0f9d5c56aec4c649_Screenshot%202022-04-04%20at%2010.00.42.png)
...do we finally have some light at the end of the tunnel?
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/6242c22668d424b982fe7035_Screenshot%202022-03-29%20at%2010.20.08.png)
..and the world careens into chaos.
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/623d69f5d6174184ab2f9c1a_Screenshot%202022-03-25%20at%2008.03.47.png)
...are we on the comeback trail?
update
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/6225b70450816527f6f592ce_Screenshot%202022-03-07%20at%2008.39.11.png)
...presented without comment
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/6214a93d440f7e56abd6454f_Screenshot%202022-02-22%20at%2010.13.19.png)
we've made it to $24.31
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/621368a4ff7562ee6daaf990_Screenshot%202022-02-21%20at%2011.22.29.png)
...bumping along the top.
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/620a6753bc2078ded9faab9c_Screenshot%202022-02-14%20at%2015.25.58.png)
... and gaps higher
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/620224dc8d766740ca2fadf7_Screenshot%202022-02-08%20at%2009.04.35.png)
...it's the same 'ol story
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/61a5dc6ad796bf01d98e4831_Screenshot%202021-11-30%20at%2009.04.11.png)
...horizontal support in play.
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/619f444d55247863531f14f5_Screenshot%202021-11-25%20at%2008.31.17.png)
... the market remains unsettled and is best avoided.
...the importance of stops when the market lurches.
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/619ca12960dbeaba13c93e08_Screen%20Shot%202021-11-23%20at%209.04.54%20AM.png)
no sign of let up in USD charge
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/619b565214bb621cbb6edc75_Screen%20Shot%202021-11-22%20at%209.24.46%20AM.png)
up over 1% this morning
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/619785625c43ee3e2d8eb1c7_Screen%20Shot%202021-11-19%20at%2012.06.03%20PM.png)
Euro below 1.13
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/6196019e3458f2041100bd0e_Screen%20Shot%202021-11-18%20at%208.28.15%20AM.png)
...the bears are coming under repeated attack.
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/61946cb5d8aa0edea814e287_Screen%20Shot%202021-11-17%20at%203.41.49%20AM.png)
...as the downtrend reasserts itself
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/61937070dc354580269d25a2_Screen%20Shot%202021-11-16%20at%209.32.55%20AM.png)
...our Power trend is over...but the market remains bid.
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/61922754100ad483521c5286_Screen%20Shot%202021-11-15%20at%2010.19.39%20AM.png)
...after flashing a sell signal.
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/618ea81dd12a811c1f487e71_Screen%20Shot%202021-11-12%20at%203.37.14%20PM.png)
....trading the Bull market
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/618e20596a4f457d147bfecc_Screen%20Shot%202021-11-12%20at%209.01.33%20AM.png)
...after a near vertical run.
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/618d103ea0e12fe53ce524a0_Screen%20Shot%202021-11-11%20at%201.41.09%20PM.png)
...for a new market.
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/618cda63681abf4ad5757ad5_Screen%20Shot%202021-11-11%20at%209.37.09%20AM.png)
...after a momentous day.
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/618b8129fac20cfaef09cbfb_Screen%20Shot%202021-11-10%20at%209.21.13%20AM.png)
the clock is ticking on this recent rally
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/618a35579d12d22cf031540c_Screen%20Shot%202021-11-09%20at%209.36.46%20AM.png)
after another positive day.
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/6188fbedd81cd19922996a1b_Screen%20Shot%202021-11-08%20at%2011.24.27%20AM.png)
...after a solid Friday finish.
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/618503399253bc5482d46fd5_Screen%20Shot%202021-11-05%20at%2011.04.43%20AM.png)
...a mixed picture on an important Friday
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/6183c2528eae26e23ec73985_Screen%20Shot%202021-11-04%20at%2012.18.31%20PM.png)
... and a look at the 'fibs'
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/6183954603e181810f188b9f_Screen%20Shot%202021-11-04%20at%209.09.13%20AM.png)
...are we starting a new era of volatility?
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/618252fce7c2fd4d778625b6_Screen%20Shot%202021-11-03%20at%2010.01.22%20AM.png)
...after the deluge...a new uptrend in development?
laying out the Silver stall
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/6177d183c546436bdb21abf8_Screen%20Shot%202021-10-26%20at%2011.53.53%20AM.png)
...consolidating the energy in an up-trending market.
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/61765eb48f67c33f83d6d7c2_Screen%20Shot%202021-10-25%20at%209.14.51%20AM.png)
...in the face of an adverse formation
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/617260b4416ea32243a8025c_Screen%20Shot%202021-10-22%20at%208.55.33%20AM.png)
...as the Channel looks ready to fall.
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/6171225ca2e83902a560163d_Screen%20Shot%202021-10-21%20at%2010.11.28%20AM.png)
...after a strong run.
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/616e735326edb7ce0ba5c787_Screen%20Shot%202021-10-19%20at%209.17.07%20AM.png)
...our 'cautious optimism' proves founded.
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/616d22d53cf618f80632a7e3_Screen%20Shot%202021-10-18%20at%209.30.40%20AM.png)
The Friday Follow Through didn't happen - but the market is consolidating.
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/61695298d9d965f57ba66f5c_Screen%20Shot%202021-10-15%20at%2010.58.18%20AM.png)
...but look likely to charge again.
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/6167dcd074675caacff94d9c_Screen%20Shot%202021-10-14%20at%209.18.50%20AM.png)
...as we approach the downtrend.
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/61656bbffa8db272b9ea011d_Screen%20Shot%202021-10-12%20at%201.02.07%20PM.png)
...the dynamic is changing.
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/616044a1fadb7b18ef1b0315_Screen%20Shot%202021-10-08%20at%203.04.11%20PM.png)
...the Commodity Complex is on Fire, and the Metals are finally catching up.
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/615c1671eec9b3bdb65978a5_Screen%20Shot%202021-10-05%20at%2011.09.10%20AM.png)
... mostly of the 'dead cat' variety
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/615ab9bcb0dd244b06049a74_Screen%20Shot%202021-10-04%20at%2010.20.59%20AM.png)
...just when the Bulls thought they were out of the Danger Zone
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/615557ac4fcc49767ca33938_Screen%20Shot%202021-09-30%20at%208.16.41%20AM.png)
...as the quarter comes to a close.
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/61548ca60c5f8eee82e8884d_Screen%20Shot%202021-09-29%20at%205.40.03%20PM.png)
down by more than 4% on the day.
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/6151991dece18a4bd650c268_Screen%20Shot%202021-09-27%20at%2012.00.54%20PM.png)
...Is the US Dollar getting Ready to Run Higher?
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/615175dc5ccbebfbd35339f0_Screen%20Shot%202021-09-27%20at%209.36.27%20AM.png)
...as the long-term downtrend is touched.
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/614da88712db1b7d52eca3c2_Screen%20Shot%202021-09-24%20at%2012.25.19%20PM.png)
Metals fail to recover as possible Evergrande default freezes the market.
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/614ae221e7aa98656cbe6fb6_Screen%20Shot%202021-09-22%20at%209.50.03%20AM.png)
... as the bounce from $22 continues.
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/6149a0d9865e8739d9fe2101_Screen%20Shot%202021-09-21%20at%2010.59.35%20AM.png)
The $22.00 level has held... so far.
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/61435615901dce49ec871d11_Screen%20Shot%202021-09-16%20at%204.07.18%20PM.png)
...silver down almost 5% on the day.