Silver continues sideways as markets fluctuate following Friday’s volatility. The silver futures contract lost 1.19% on Tuesday, April 16, as it fluctuated following its Friday’s rally and an intraday decline from a new medium-term high of $29.91. On Friday, silver rallied due to Middle East tensions and stronger U.S. dollar; however, later in the day, it sold off following gold prices retreat. Yesterday, it retraced some of the decline before going down to around $28. Today, silver is rebounding and extending a short-term consolidation, as we can see on the daily chart (the chart includes today’s intraday data): ... (full story)