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Silver Market Sentiment Looks Golden

Commodities / Gold and Silver 2016 Nov 30, 2016 - 03:35 AM GMT

By: EWI

Commodities

Chart of the Day

Bullish sentiment among silver traders recently fell to 8 percent, the lowest reading since mid-2015. So, sentiment is in the right place for the next big leg in the price pattern.



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This article was syndicated by Elliott Wave International and was originally published under the headline Silver Sentiment Looks Golden. EWI is the world's largest market forecasting firm. Its staff of full-time analysts led by Chartered Market Technician Robert Prechter provides 24-hour-a-day market analysis to institutional and private investors around the world.

About the Publisher, Elliott Wave International
Founded in 1979 by Robert R. Prechter Jr., Elliott Wave International (EWI) is the world's largest market forecasting firm. Its staff of full-time analysts provides 24-hour-a-day market analysis to institutional and private investors around the world.


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