Is silver about to shine once more?
We last looked at the upside potential for silver in late November. Since then, the metal moved higher throughout the remainder of that month and into December before spiking sharply higher by the broad market volatility. As other markets regained their composure, money left safe havens and silver prices pulled back before taking another leg higher. Are we about to see something similar happen again? Silver is one of the commodities tracked by the CFTC Commitment of Traders report that shows the positioning of various groups in US futures contracts. The collection and distribution of the data were delayed by the US government shutdown. ... (full story)
- Posted: Feb 10, 2019 7:32pm
- Submitted by:Category: Technical AnalysisComments: 0 / Views: 19