Commodity Trade Mantra

Posts Tagged ‘iShares Silver Trust ETF’

Gold offers Insurance, but Silver Additionally offers Better Profit Opportunities

Hike or no hike, there is no place for the gold and silver bulls to hide. Silver is slower to move than gold, but it has more room to move and this delivers better profits. The similarity in the patterns on the gold and silver charts means the silver price follow the behaviour of the gold price. The best trade is to watch gold and execute the trade on the same price move in silver.

Silver Prices Expected to Slide Further - But Won't Stay There for Long

Silver could be setting up for another near-term slip prior to resuming its long-term bullish trend as this week progresses. In the absence of any significant shortcomings in the US data, silver prices should have some substantial downside potential in the coming weeks. The long-term bias remains bullish so don’t expect to see the metal stray far below the 17.849 mark.

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