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A Crucial Week for Silver Prices

Wednesday, February 22, 2017 19:28
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(Before It's News)

SilverDoctors, Published on Feb 22, 2017

Gold and silver prices have been kept in a tight range this past week, with silver prices trading at $18 an ounce, and gold prices trading in a tight range between $1230 and $1245 an ounce.

Silver in particular stubbornly refuses to stay down, absorbing every raid the bullion banks have thrown at it the past few days attempting to cap silver under the 200-day moving average at $17.93, and paint a large head and shoulders pattern on silver’s weekly chart.
Much to the chagrin of the bullion banks and their nearly 50,000 new silver shorts, however, silver has absorbed every punch thrown, and keeps bobbing back up.

The post A CRUCIAL Week For Silver Prices appeared first on Silver For The People.



Source: http://silveristhenew.com/2017/02/22/a-crucial-week-for-silver-prices/

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  • srsly1

    Tell me when silver hits $600 like most contributors keep preaching

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