Silver bulls' next upside price objective is closing prices above solid technical resistance at $40.00 Since the release of the 2024 silver yearbook, the silver market has seen prices rise sharply to record levels and then decline significantly, only to rise again in the first quarter of 2025, and fall again in april. The next downside price objective for the bears is closing prices below solid support at $36.00.
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Friday's charts for gold, silver, platinum and palladium, june 27 by jim wyckoff published
Friday, june 27, gold and silver by jim wyckoff published
Silver is valued both as a financial asset and as an essential industrial input, particularly for clean energy technologies like solar panels The market is now facing its fifth consecutive year of deficit and a squeeze could be underway. In this presentation, jeffrey christian of cpm group provides a market update on gold, silver, platinum, and palladium And also focuses on silver surpluses, deficits, and their impact on prices.