I feel disqualified now from trying to predict prices for Silver, but no harm in pointing out a few facts of this chart. 1/ The price has peeked above its 50 day moving average (dma) for the first time in 6 months. In the uploaded chart I have used weekly prices and the 50 and 200 dma are represented by 10 and 40 week moving averages. The same break can be seen in the daily chart. 2/ There is a positive cross happening on the MACD momentum indicator, and a break above downtrend on the RSI indicator - just put a ruler across the peaks. These events usually portend a rally in price. SILVER WEEKLY
