News, analysis and commentary for gold traders and investors

"Be Right - Sit Tight"

Jesse Livermore
Gold Market Wire... Gold Market Wire...
Gold Market Wire... Gold Market Wire...
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Gold Market Wire

News, analysis and commentary for gold traders and investors

Silver Market Update

Silver Stretches Out

February 16, 2021 - (Gold Market Wire) - Silver has cleared the trend line and pushed higher to achieve an intra-day high of $27.96. That is a good 'stretch out' which can show us the way to continued upside action. That's about a dollar high-low, in three sessions. Nice, steady progress in an organized rally. The chart shows the progress.

...the downtrend cleared

Zooming out, we repeat the medium-term chart perspective, showing the progress:

...same chart as above - zoomed out.

This is the action we like to see for a nice, solid bullish run: Slow, steady and without the upside spikes. Lastly, the channel - for perspective.

...room to run
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