News, analysis and commentary for gold traders and investors

"Be Right - Sit Tight"

Jesse Livermore
**** Gold Market Wire ****
**** Gold Market Wire ****
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France Recalls Its Ambassadors from USA and Australia...Calls Their Behavior "Unacceptable" over Scuttled Submarine Deal...Calls Australian Behavior "A Stab in the Back"
France Recalls Its Ambassadors from USA and Australia...Calls Their Behavior "Unacceptable" over Scuttled Submarine Deal...Calls Australian Behavior "A Stab in the Back"
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US Bans American Banks from Purchasing Russian Sovereign Debt
US Bans American Banks from Purchasing Russian Sovereign Debt
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*** 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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