The market is poised to test the 200-Day EMA, which lies just below the $23 level. The 61.8% Fibonacci retracement level also comes into play as a potential support level. Although there may be some underlying support, it is evident that market sentiment has turned considerably more negative compared to a few weeks ago. As a result, the market will likely exhibit further volatility as it navigates between the 200-Day EMA and the 50-Day EMA indicators. This continues to be a major influence on how we behave overall. Traders Should be Cautious One of silver’s primary concerns is the potential collapse in industrial ... (full story)