Dbq Silver Trade Analysis Video
AP World DBQ Intro: Global Silver Flow Dbq Silver Trade Analysis
What is the history of the Gold to Silver ratio?
The economic calendar is busier today. The UK will also publish monthly housing data. The euro area economic calendar is quiet today and the United States will release weekly crude oil inventory data.
The headline event that spot silver traders will monitor is the Bank of Canada. The Canadian central bank will also release a press statement. Canada is also publishing monthly core and headline consumer price index CPI data.
Daily Spot Silver Technical Analysis Looking at the above four 4 hour spot silver chart, the relative strength index RSI is trending a bit lower near the mid-line. The MACD momentum indicator is also neutral as traders appear a bit indecisive. The two hundred hour simple moving average provides immediate technical support.
A sustained close below here will make the sellers happy.]
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