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Analytics

SHFE Dec Silver shot up to all time high around 8700, heavy profit taking emerged and prices settled around 8200. As per Japanese candlesticks chart, A shooting star pattern appears on chart, a potential reversal signal. Major support area is 7700-7300. China announced Jumbo stimulus of 1 trillion Yuan ultra long bond to support property which has produced huge speculative buying in risky assets. COMEX Silver surge to 32.75 yday. Current range 31.24-32.93 

by admin
May 21, 2024
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Everything roll around price and price is an implied figure of all effecting factors, so when you are dealing with price forecasting you are dealing with full circle of concerned product/commodity. This is what we do at Paradigm. 

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Disclaimer: Content on this website is for information purposes only and should not be regarded as investment, trading, taxation- legal or price-risk management advice. The information contained hereby may have been taken from sources which we believe are reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Any opinion expressed reflects judgments at this date and are subject to change without notice. Risk of loss in commodity derivatives trading can be substantial. Persons trading in derivatives should consider the suitability of trading based upon their resources, risk appetite and other relevant information; and understand that statements regarding future prospects may not be realized.