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Silver 1 Oz 999 Ny (XAG=X) target $18

From livetradingnews.com

Silver markets went back and forth during the trading session on Thursday, as we continue to see a lot of choppiness in general. Ultimately, the Silver markets are essentially trying to figure out whether or not they are comfortable enough with the idea of being above $17. I think they are, and at this point any pullback should be thought of as a buying opportunity. That of course will continue to be the way going forward, because quite frankly central banks around the world look likely to continue cutting rates and easing monetary policy, and that of course drives money into precious metals. I believe that the ... (full story)

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  • Category: Technical Analysis