Crucial Success For Silver

Week Ahead: Stocks, USD Gain, But Yields Signal Risk-Off Headwinds Upcoming

Crucial Success For Silver

www.investing.com/analysis/crucial-silver-success-200125610

Crucial Success For Silver

By Tim Knight | Apr 19, 2016 09:16AM ET

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About a week ago, I offered a post on silver which suggested that, should it push past its horizontal resistance, the completed inverted H&S pattern would send it roaring up to its trendline. I’ve tinted the trendline below, although this certainly isn’t a specific target; it’s just there to give you the idea.

Silver Price Chart

The good news for silver bulls is that last night’s action did exactly what was needed: the neckline has been breached, and silver is roaring higher.

Silver Price Chart 2

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Central Banks

Interest Rates

Next Meeting

FED

2.50%

Mar 20, 2019

ECB

0.00%

Mar 07, 2019

BOE

0.75%

Mar 21, 2019

SNB

-0.75%

Mar 21, 2019

RBA

1.50%

Mar 05, 2019

BOC

1.75%

Mar 06, 2019

RBNZ

1.75%

Mar 27, 2019

BOJ

-0.10%

Mar 15, 2019

CBR

7.75%

Mar 22, 2019

RBI

6.25%

Apr 04, 2019

PBOC

4.35%

BCB

6.50%

Mar 20, 2019

S&P 500 Futures	2,777.62	+34.12	+1.24%
S&P 500	2,775.60	+29.87	+1.09%
Nasdaq 100	7,055.18	+32.76	+0.47%
Dow 30	25,883.25	+443.86	+1.74%
SmallCap 2000	1,570.04	+21.35	+1.38%
S&P 500 VIX	14.91	-1.31	-8.08%
FTSE 100	7,236.68	+39.67	+0.55%
DAX	11,299.80	+210.01	+1.89%

Crude Oil WTI	55.98	0.00	0.00%
Brent Oil	66.31	+1.74	+2.69%
Natural Gas	2.634	+0.061	+2.37%
Gold	1,324.75	+10.85	+0.83%
Silver	15.755	+0.227	+1.46%
Copper	2.816	+0.042	+1.51%
US Soybeans	907.62	+3.62	+0.40%
US Wheat	503.38	-3.62	-0.71%

SPDR S&P 500	277.37	+2.99	+1.09%
VelocityShares Daily 2x VIX Short Term linked to S	33.58	-2.06	-5.78%
Invesco QQQ Trust Series 1	171.94	+0.72	+0.42%
Direxion Daily Junior Gold Miners Bull 3X Shares	11.48	+0.64	+5.90%
VelocityShares 3x Inverse Natural Gas linked to S&	111.91	-5.86	-4.98%
ProShares Ultra VIX Short-Term Futures	46.4900	-2.3700	-4.85%
ProShares UltraPro QQQ	50.03	+0.59	+1.19%
VanEck Vectors Gold Miners	22.4300	+0.2900	+1.31%

BTC/USD	3,679.2	-22.7	-0.61%
ETH/USD	129.25	+3.95	+3.16%
BCH/USD	121.73	-0.21	-0.17%
XRP/USD	0.30087	-0.00249	-0.82%
EOS/USD	2.8560	-0.0333	-1.15%
LTC/USD	42.690	-0.640	-1.48%
ADA/USD	0.041464	-0.000540	-1.29%
XLM/USD	0.07763	-0.00034	-0.43%

Crucial Success For Silver

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