Gold Silver Reports (GSR) – Silver Forecast By German-Based Research Firm — Silver is likely to reach $18.50 an ounce in third quarter of 2018, and maybe even hit 2016 highs of $21.50 an ounce by the four quarter, based on a combination of technical, sentiment, seasonal, and fundamental factors.
Silver Forecast
Gold CME Made Falling Wedge Pattern Hurdel 1297—1300 Above Market Can Test 1306, Where Can Take “R” Turn or Beear Phase; Neal Bhai Reports (NBR) By CFA’s and MFA’s Technical Team
Gold CME Made Falling “Wedge Pattern” Hurdel 1297—1300 Above Market Can Test 1306, Where Can Take “R” Turn or Beear Phase, support Looks 1282 Cross or Close Below Daily Chart Big Bloodbath Coming Soon $1270——$1250——$1224
Silver Prices are Forecast to Ease Slightly on Moderating Industrial Demand
Gold Silver Reports (GSR) – Silver prices are forecast to ease slightly on moderating industrial demand,” the report said. “More than half of silver consumption goes to industrial use. Demand from the photovoltaic and electronic sectors remains strong, but is being eroded by substitution and more efficient production techniques that use less silver.”
MCX Silver Under Fresh Selling Trading Zone Between 37600—39300
Gold Silver Reports (GSR) – MCX Silver Under Fresh Selling Trading Zone Between 37600—39200 – Silver on MCX settled up 1.85% at 39030 boosted by the softer dollar and in escalation in trade tensions between the U.S. and China, which underpinned safe haven demand. Renewed safe-haven demand comes amid investor concerns over escalating US-China trade tensions after Beijing unveiled retaliatory tariffs on Monday overnight.
Gold Forecast: No Clear Consensus On Gold Price Next Week
Gold Silver Reports – Gold Forecast: No Clear Consensus On Gold Price Next Week — Wall and Main Street are split on the future direction of gold prices, based on the weekly Report Gold Survey.
Silver Finally Confirms Gold’s Rally as Both Metals Post Multi-Month Highs
Gold Silver Reports – In my previous commentaries, I expressed some concern that the lag in the silver price vis-à-vis gold was a slight concern for the nearterm outlook. The path of least resistance for gold and gold mining shares was of course still bullish, but silver’s failure to fully participate in gold’s recent gains was a fly in the ointment.
Silver MCX Intraday Outlook: Sell On Rise UpSide Resistance Key 39444
Gold Silver Reports – Silver MCX Intraday Outlook: Sell On Rise UpSide Resistance Key 39444 — Technically Silver market is under fresh selling as market has witnessed gain in open interest by 0.94% to settled at 17109 while prices down 219 rupees.