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Thread: Silver Out Look

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    Default Silver Out Look

    Silver has seen a few offers this morning after closing yesterday at $12.63. In contrast to gold silver has less favourable fundamentals, and still has to overcome trend-line resistance at $13.12 & $13.64 but with gold well placed to extend its gain silver will continue to benefit from being viewed as a cheaper alternative.

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    The fundamental outlook for silver continues to be extremely bullish
    what u think guys?

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    Default

    It's short term bearish but yes, the overall trend is up. I would expect a little more down before turning up again, but that analysis is firstly unclear and second, using technical analysis more suited to forex than silver
    Jafar Calley - Director
    FXOpen AU Pty Ltd
    Level 26 • 1 Bligh Street
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    Australia
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    http://www.fxopenaus.com

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    Default

    ya definately

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    Default

    does it still nice to catch up?

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