A generic image of multiple stacks of coins next to a pen
Markets

Trading Forecast Silver

Silver closed sightly higher on Friday. The high-range close set the stage for a steady to higher opening on Monday. Stochastics and the RSI remain neutral to bearish signalling that sideways to lower prices are possible near-term. If it extends the decline off last Friday's high, the reaction low crossing is the next downside target. Closes above last Friday's high crossing would confirm that a short-term low has been posted.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Other Topics

Commodities