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Posted: Thu Mar 01, 2012 12:22 pmhttp://netdania.com/Products/live-strea ... ame=Silver
I can't get this to load live (unknown dimensions of image) but this is the chart I watch which has volume and candlestick action on a minute per minute basis. What this will tell you, for instance, is that as long as the New York trading desks are open today it is highly unlikely for silver to break free from the $35 range, perhaps plus or minus a few cents. If you'll notice the volume, it is heavier on downticks, which indicates there are extra contracts being sold into the market to cap the price rises. On the blue (up) candlesticks... without the interference of the sellers, there is generally less volume, which indicates to me that "extra pressure" is being exerted any time da boyz wish to push the price back down. But that's just my take on it, your results could vary
I can't get this to load live (unknown dimensions of image) but this is the chart I watch which has volume and candlestick action on a minute per minute basis. What this will tell you, for instance, is that as long as the New York trading desks are open today it is highly unlikely for silver to break free from the $35 range, perhaps plus or minus a few cents. If you'll notice the volume, it is heavier on downticks, which indicates there are extra contracts being sold into the market to cap the price rises. On the blue (up) candlesticks... without the interference of the sellers, there is generally less volume, which indicates to me that "extra pressure" is being exerted any time da boyz wish to push the price back down. But that's just my take on it, your results could vary