Silver Update 26 November 2025
Coiling
Price has bounced nicely from uptrend support at 49.40, even though it pierced it down to 48.60. Can’t see price below 49.90 now as it gains energy for a third assault at the all time high.
Wedge closes on 23 December so FED on 10 December may force the move. However the wedge for Gold meets on 10 December! Price will have already broken out so beware a bull or bear trap as the FED surprises.
