Silver Daily Price Recap
The choppiness in the recent daily price action of Silver continues; to start today, it came in at a price of 24.2085 US dollars, up 0.58% ($0.14) since the previous day. Relative to other instruments in the metals asset class, Silver ranked 3rd since the previous day in terms of percentage price change. Let’s take a look at the daily price chart of Silver.
Silver Technical Analysis
For another vantage point, consider that Silver’s price has gone up 16 of the previous 30 trading days. Also, candlestick traders! Note we see doji and pin bar patterns appearing here as well.
Overheard on Twitter
Over on Twitter, here were the top tweets about Silver:
- From DesoGames:
Alright if you wanna know if this dip is the “end of the bullmarket” in metals or a buying opportunity;I’m literally sitting here with a coinshop open in one window and the live #silver price in another.I refreshed the coinshop for new prices.It timed out twice.Buy.
- From BedirkanPolat:
@KurtogluKagan Altın ve GÜMÜŞ:
_ JP Morgan Has Acquired A “Massive Quantity of Physical Silver”.
– JP Morgan continues to accumulate the biggest stockpile of physical silver in history.
_ The bank has never been better positioned for a SILVER PRICE EXPLOSION.
- From AllbridgeCap:
@TheLastDegree “our silver price linked dividend was triggered and our declared quarterly dividend increased by 250% returning some of these cash flows to our investors.”
For a longer news piece related to XAGUSD that’s been generating discussion, check out:
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