{"id":96287,"date":"2016-10-03T10:49:27","date_gmt":"2016-10-03T14:49:27","guid":{"rendered":"http:\/\/countingpips.com\/?p=96287"},"modified":"2016-10-03T10:49:27","modified_gmt":"2016-10-03T14:49:27","slug":"big-move-in-the-silver-market-ahead","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2016\/10\/big-move-in-the-silver-market-ahead\/","title":{"rendered":"Big Move in the Silver Market Ahead"},"content":{"rendered":"
October 3, 2016<\/div>
\r\n<\/div><\/div>

By Money Metals News Service<\/b><\/p>\n

Precious metals markets enter the fourth quarter near a potential inflection point on the charts (see below). Gold and silver traded mostly sideways in the third quarter, with gold losing less than 1% for the quarter and silver managing a 2.5% quarterly gain.<\/p>\n

\"2016<\/p>\n

The money metals finished the month of September on a bit of a down note last week. However, no major technical levels got breached.<\/p>\n

The technical setup on the silver chart shows a three-month consolidation narrowing toward an end point.<\/p>\n

Bulls are looking for a weekly close decisively above the $20\/oz level to confirm an upside breakout. A strong break below $19, however, would put the bears in the driver’s seat.<\/p>\n

Either way, investors should brace for a big move in the silver market in the days ahead, probably before the end of October.<\/p>

\r\n
\r\n

Free Reports:<\/p><\/div>\r\n

\r\n

<\/a>\r\n\t Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p>

\r\n
\r\n
\r\n

<\/a>\r\n\t Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p>

\r\n<\/div>\r\n

\r\n
<\/div>\n
\n

The Money Metals News Service provides market news and crisp commentary for investors following the precious metals markets.<\/p>\n","protected":false},"excerpt":{"rendered":"

By Money Metals News Service Precious metals markets enter the fourth quarter near a potential inflection point on the charts (see below). Gold and silver traded mostly sideways in the third quarter, with gold losing less than 1% for the quarter and silver managing a 2.5% quarterly gain. The money metals finished the month of […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-96287","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/96287","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=96287"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/96287\/revisions"}],"predecessor-version":[{"id":96288,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/96287\/revisions\/96288"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=96287"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=96287"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=96287"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}