A bearish inverted hammer candlestick pattern on the weekly chart, coupled with a drop below last week's low, suggests increasing selling pressure. Silver peaked at a trend high of 25.00 last week.

As I mentioned in a recent Charts in Play, flag formations are one of my favorite chart patterns to trade. These triangles generally represent continuation patterns or pauses in a major trend.

Silver holds near key moving-average support after a recent breakout, as traders watch for bullish confirmation and a potential continuation toward higher Fibonacci retracement targets.

Harmonic patterns can be used to spot new trading opportunities and pricing trends – but only if you know exactly what you are looking for. Read on to learn about the top harmonic patterns, and how to ...