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Silver Price Prediction – Prices Rise as Yields Fall

From fxempire.com

Silver prices rebounded on Thursday for a second consecutive trading session. The dollar moved higher but yields moved lower which seemed to buoy gold prices, Copper gained pushed higher after gaining a foothold as concerns over the spread of the virus disappeared slightly. A stronger than expected Existing Home Sales failed to buoy yields as jobless claims unexpectedly declined on Thursday. Technical analysis: Silver prices dropped rebounded on Thursday for a second consecutive trading session after falling for three consecutive trading sessions. Target support is seen near a horizontal line seen near 23.86. ... (full story)

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  • Category: Technical Analysis