Silver markets have initially fallen during the trading session on Friday to reach near the recent lows but then turned around to show signs of support. The candlestick that is forming is a bit of a hammer, so that does suggest that there is a certain amount of pushback in this area. A break above the top of the candlestick opens up the possibility of a move to the $20.00 level. The $20.00 level has been important more than once, as there is both support and resistance there previously. This is an area that will have a lot of “market memory” in it. The market breakdown below the bottom of the candlestick for the ... (full story)