Silver Chart Analysis

As we've already looked at gold this weekend, let's take a very quick look at silver: Here's the silver daily chart. Silver has been in a downtrend for the last two and half weeks. The MACD¬†indicator is bearish with both lines pointing downwards and the signal line¬†above the MACD line. The ADX indicator is also bearish with the red -DI line above the green +DI line. Silver closed out … [Read more...]