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.
![](https://assets-global.website-files.com/5d754afa7a6dfa49fd253976/6568aef23aa4c53ac969573c_Screenshot%202023-11-30%20at%2016.44.35.png)
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:
![](https://assets-global.website-files.com/5d754afa7a6dfa49fd253976/6568b07f635c3cfe84d9ba5f_Screenshot%202023-11-30%20at%2016.54.44.png)
This is going to be an interesting close today. Pay attention.