Silver Confirms a Bullish Outlook

from King World News

Despite the small pullback, silver confirms a bullish outlook.

[…] April 22 (King World News) – Alasdair Macleod out of London: Gold and silver continued to rally in lacklustre trading this week, and our headline chart shows that silver has now regained the losses since the start of the year, while gold is still 6% under water. In morning trading in the European time-zone, gold was at $1785, up $9 from last Friday’s close, and silver at $26.08, up 15 cents on the same time frame.

Silver has outperformed gold since the lows at the beginning of the month, driving the gold/silver ratio down slightly to 68.5. This is our next chart.

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