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Silver, Palladium Six Week Highs, Gold Ten Week High

Saturday, November 24, 2012 17:50
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(Before It's News)

Silver and Palladium have both climbed to six-week highs Friday, with gold nearing its ten-week high.  Both silver and palladium have climbed to levels not seen since the first week of October.

The 1 Day relative performance was heavy in commodities:

Silver’s leg-up:

Silver Doctors on what the move could mean for silver:

“If silver can clear $34 and made a daily and weekly close above the level, we should see massive short covering early next week, and a quick run back to the recent highs near $35.50.  If silver is able to take out $35.50 to the upside, expect a quick move to $37.50, and likely a run to $40 by the end of the year.”

The post Silver, Palladium Six Week Highs, Gold Ten Week High appeared first on Silver Vigilante.



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