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Barchart
Barchart
Jim Wyckoff

With Gold Prices Near Record Highs, Silver Futures Are a Value-Buying Opportunity

silver Gold

September silver futures (SIU25) present a buying opportunity on more price strength. 

See on the daily bar chart for September silver futures that prices are now in the upper boundary of a sideways and choppy trading range. See at the bottom of the chart that the moving average convergence divergence (MACD) indicator is in a bullish posture as the red MACD line is above the blue trigger line and both lines are trending up. 

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