-
Silver Continues to Search and Probe Major Support
During Thursday's trading session, silver made an initial attempt to rise and reached the 200-Day EMA. In the end, I think there are still a lot of loud players in this market, but I also think there are a lot of buyers underneath. Looking at the silver market, we have tested the 200-day EMA during the day on Thursday, as you can see. I think a lot of people will be watching the 200-day EMA, and it's clear to me that there has been a lot of selling pressure there. In fact, I would be happy if we did break down from here because silver is probably going to keep considering the $22 mark as a possible floor in the ... (full story)