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Silver: Looking to Rally Even More?

From dailyforex.com

The silver market exhibited a slight retreat in the early stages of Thursday's trading session, only to swiftly reverse course and display renewed momentum. Presently, the focus is on breaching the crucial $24 level. A successful breach above this threshold would likely pave the way for a potential ascent to the $25 level. It seems increasingly probable that this milestone is within reach, although silver, in its typical fashion, is not immune to market fluctuations and commotion. It is imperative to bear in mind the influential role that interest rate markets can play in silver's price movements. Historically, ... (full story)

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  • Category: Technical Analysis