Chart Analysis
Chart Analysis uses a combination of technical analysis and cycles to provide insight into the future direction of precious metals, currencies, stock indices and more.
$SILVER to 15.62?
Silver currently sits below 17.00. Despite many of the conspiratorial whisperings of silver suppression (whether there is or isn't doesn't really matter for the purposes of this analysis), the price is behaving much as Murrey Math would expect.
Here's a look at the big picture of the silver price in terms of Murrey Math:
. . .$TLT Probable Range Result for 3-13-17
$TLT Probable Range Result for 3-13-17
Range: 116.4 - 117.9
Actual: 116.5 - 117.3
Close: 116.5
Within Range: Yes
Closed in Range: Yes
For more probable ranges . . .
$WTI Continuation Probable Range Result for 3-13-17
$WTI Continuation Probable Range Result for 3-13-17
Range: 46.87 - 53.13
Actual: 48.45 - 49.25
Close: 48.94
Within Range: Yes
Closed in Range: Yes
For . . .
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