Silver has enjoyed a modest recovery over the past six weeks, rising from a low of $14.00 in September to $14.70 as this article is being written. What is in store for this dual precious and industrial metal as 2018 closes out? Is there more upside to come or will the downward trend of lower prices from last summer re-exert itself?

Over the next several weeks, we see higher prices in store for silver. However, once this rally concludes, another down-leg should begin for gold’s cousin. Investors should monitor these trends closely as they develop and be prepared for a better buying opportunity early next year.

Let us turn to the visible data.

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